DPO indicator
Detrended Price Oscillator, DPO (Trend-Free Oscillator) is a specific indicator of technical analysis. According to the author’s idea, the indicator is built without taking into account trend movements on the chart, which allows more accurately determine overbought and oversold levels. In fairness, we note that the statement is controversial, but as another option for analyzing and making profit in the financial markets, it has the right to life.
