Description
The De-trended Price Oscillator compares the Close price to the prior moving average, eliminating cycles longer than the moving average. It is calculated by subtracting the Simple Moving Average from the selected price.
Input Parameters
| Parameter | Description |
|---|---|
color norm length
|
The number of bars used to calculate the color gradient. |
length
|
The number of bars used to calculate the average. |
price
|
The price used to calculate the averages. |
Plots
| Plot | Description |
|---|---|
DPO
|
The De-trended Price Oscillator. |
ZeroLine
|
Zero level. |
Example*
*For illustrative purposes only. Not a recommendation of a specific security or investment strategy.
Past performance is no guarantee of future performance.