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Detrended Price Oscillator (DPO)

Known for Eliminating Long-Term Trends

Table of content

General Information
Characteristics
Facts

Application
Technical Details
Usage
Evaluation
Performance Metrics
Alternatives
FAQ

General Information

Indicator Type 📊

The category or classification of the trading indicator based on its primary function and analysis method.

Trend

Detrended Price Oscillator (DPO) is a Trend type indicator. Indicators that help identify and confirm market trends
Asset Class 💰

Specifies the financial instruments for which the indicator is most commonly used

Stocks

The asset classes Detrended Price Oscillator (DPO) is typically used for are Stocks. Indicators optimized for analyzing and predicting stock price movements in equity markets. Click to see all.

Commodities

The asset classes Detrended Price Oscillator (DPO) is typically used for are Commodities. Trading indicators optimized for commodity markets like oil, gold, and agricultural products. Click to see all.
Made In 🌍

The country or origin of the trading indicator

United States

Detrended Price Oscillator (DPO) was developed in United States. Indicators developed in the USA, reflecting American trading principles

Characteristics

Lagging or Leading 🏁

Indicates whether the trading indicator is a lagging or leading type, reflecting its predictive nature.

Leading

Detrended Price Oscillator (DPO) is a Leading indicator. Indicators that predict future price movements Click to see all.
Complexity Level 🧑

Indicates the level of expertise required to effectively use the indicator

Advanced

The complexity level of Detrended Price Oscillator (DPO) is Advanced. Sophisticated indicators designed for traders with extensive market knowledge and experience. Click to see all.
Popularity 🏆

Indicates how widely used and recognized the indicator is in the trading community

Low

The popularity of Detrended Price Oscillator (DPO) among traders is considered Low. Indicators with lower adoption but potential unique insights

Facts

Interesting Fact 💡

An intriguing or lesser-known fact about the trading indicator

Designed to eliminate trend from price
Sarcastic Fact 😉

A humorous or ironic observation about the trading indicator

It's like a time machine for price trends

Application

Timeframe 🕑

The time intervals or periods for which the trading indicator is most effective or commonly used.

Daily

Detrended Price Oscillator (DPO) is most effective for Daily timeframes. Indicators optimized for daily chart analysis, suitable for swing and position traders.

Weekly

Detrended Price Oscillator (DPO) is most effective for Weekly timeframes. Indicators optimized for weekly chart analysis, balancing short-term noise and long-term trends.

Technical Details

Calculation Method 🧮

The mathematical or analytical approach used to compute the trading indicator's values.

Price-Based

Detrended Price Oscillator (DPO) uses the Price-Based calculation method. Indicators focusing on price movements and patterns for market analysis. Click to see all.
Signal Generation 📊

Describes the methods by which the indicator produces trading signals

Cycles

Detrended Price Oscillator (DPO) generates trading signals through Cycles. Indicators that identify recurring patterns or cycles in market movements

Divergences

Detrended Price Oscillator (DPO) generates trading signals through Divergences. Indicators that show discrepancies between price and indicator movements, suggesting potential reversals
Customization Options 🔧

Lists the parameters that can be adjusted to fine-tune the indicator

Period

Detrended Price Oscillator (DPO) offers customization options for Period. Enables customization of analysis timeframe Click to see all.

Cycle Length

Detrended Price Oscillator (DPO) offers customization options for Cycle Length. Allows traders to customize the time frame for pattern recognition Click to see all.

Usage

For whom 👥

The target audience or user group for the trading indicator

Cycle Analysts

Detrended Price Oscillator (DPO) is designed for Cycle Analysts. Tools that help identify and predict market cycles and patterns Click to see all.
Purpose 📈

The primary purpose or application of the trading indicator

Identifying Cycles And Trends

Detrended Price Oscillator (DPO) is primarily used for Identifying Cycles And Trends.

Evaluation

Pros 👍

Advantages of using the trading indicator

Helps Identify Cycles

Removes Long-Term Trend Bias
Cons 👎

Disadvantages or limitations of the trading indicator

Complex Interpretation

Limited Use In Strong Trends

Performance Metrics

Reliability Score 💯

A score indicating the overall reliability of the trading indicator

6.5

The reliability score of Detrended Price Oscillator (DPO) is 6.5 out of 10. Click to see all.
Ease of Use Score 💻

A score representing how user-friendly and intuitive the trading indicator is

6

The ease of use score for Detrended Price Oscillator (DPO) is 6 out of 10. Click to see all.
Versatility Score 🔀

A score indicating the adaptability of the trading indicator across different markets and timeframes

7

The versatility score of Detrended Price Oscillator (DPO) is 7 out of 10. Click to see all.
Customization Score 🔧

A score representing the degree of customization available for the trading indicator

7.5

The customization score for Detrended Price Oscillator (DPO) is 7.5 out of 10.
Score ⭐

The overall score of the trading indicator based on various performance metrics

6.75

The overall score of Detrended Price Oscillator (DPO) is 6.75 out of 10. Click to see all.

Alternatives to Detrended Price Oscillator (DPO)

Know Sure Thing (KST)

Known for Trend Strength Measurement

💯 is more reliable than Detrended Price Oscillator (DPO)

🔀 is more versatile than Detrended Price Oscillator (DPO)

⭐ is rated higher overall than Detrended Price Oscillator (DPO)

Elder-Ray Index

Known for Combining Trend And Momentum

💯 is more reliable than Detrended Price Oscillator (DPO)

🔀 is more versatile than Detrended Price Oscillator (DPO)

⭐ is rated higher overall than Detrended Price Oscillator (DPO)

Elder Triple Screen

Known for Trend-Momentum Alignment

💯 is more reliable than Detrended Price Oscillator (DPO)

🔀 is more versatile than Detrended Price Oscillator (DPO)

🔧 is more customizable than Detrended Price Oscillator (DPO)

⭐ is rated higher overall than Detrended Price Oscillator (DPO)

Ease Of Movement

Known for Relating Volume To Price Change

Chaikin Oscillator

Known for Accumulation/Distribution Trends

💯 is more reliable than Detrended Price Oscillator (DPO)

💻 is easier to use than Detrended Price Oscillator (DPO)

⭐ is rated higher overall than Detrended Price Oscillator (DPO)

Relative Vigor Index (RVI)

Known for Trend Confirmation

💻 is easier to use than Detrended Price Oscillator (DPO)

Elder Force Index

Known for Combining Price And Volume

🔀 is more versatile than Detrended Price Oscillator (DPO)

Known for All-In-One Indicator

💯 is more reliable than Detrended Price Oscillator (DPO)

🔀 is more versatile than Detrended Price Oscillator (DPO)

⭐ is rated higher overall than Detrended Price Oscillator (DPO)

Choppiness Index

Known for Identifying Trending Vs Choppy Markets

💯 is more reliable than Detrended Price Oscillator (DPO)

💻 is easier to use than Detrended Price Oscillator (DPO)

🔀 is more versatile than Detrended Price Oscillator (DPO)

⭐ is rated higher overall than Detrended Price Oscillator (DPO)

Moving Average Envelope

Known for Price Range Visualization

💯 is more reliable than Detrended Price Oscillator (DPO)

💻 is easier to use than Detrended Price Oscillator (DPO)

⭐ is rated higher overall than Detrended Price Oscillator (DPO)

FAQ about Detrended Price Oscillator (DPO)