Question: What is Detrended Price Oscillator on Deriv's DTrader? How does it work?
The Detrended Price Oscillator (DPO) helps to identify price cycles without the influence of short- and long-term trends.
The DPO compares a simple moving average to a historical price near the middle of a specified period.
It also shows the peaks and drops over that particular period, making it easier to predict buy points.
On Deriv’s DTrader, you can use Detrended Price Oscillator for free and apply it on any chart you want.
To log in to Deriv’s DTrader, go to Deriv Official Website.