Trading Using Detrended Price Oscillator (DPO)
In Continuation With Last Article
Ranging Markets
Set overbought and oversold levels based on observation of past price behavior.
Only trade in the direction of the trend.
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Ranging Markets
Set overbought and oversold levels based on observation of past price behavior.
- Go long when Detrended Price Oscillator crosses below and then back above the oversold level.
- Go short when Detrended Price Oscillator crosses above and then back below the overbought level.
Only trade in the direction of the trend.
- Go long when Detrended Price Oscillator crosses below zero and then turns back above.
- Go short when Detrended Price Oscillator crosses above zero and then turns back below.
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posted by Bramesh at
9:40 AM
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