Detrended Price Oscillator

Detrended Price Oscillator
As the name itself indicates, it is technical analysis equipment used for offering information regarding the cost of a valuable asset without considering the existing cost trends. The idea behind the detrended price helps the traders understand the pressure of purchasing and selling in the market depending on the temporary fluctuations in the cost of the valuable asset, without considering downswings or large upswings in cost. It can be measured by declaring a point of timethat shows a trend in cost. This period should be divided by 2 and then add one to get the number. One of the basic assumptions regarding this price oscillator is that permanent cost trends compriseof temporary cost trends.