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Trading With DPO – Detrended Price Oscillator

by Dave

DPO Divergence 2

Related source: Trading With DPO – Detrended Price Oscillator Aim of the he Detrended Price Oscillator (DPO) is to identify overbought/oversold zones and cycles, by calculating the difference between a past price and a moving average on the giving time frame. DPO is an effective way for forex traders to create long and short signals. Similar to some other indicators, divergences can be identified with the DPO to assist in identifying potential reversals in trends. How To Trade With DPO Indicato When the Detrended Price Oscillator is above the zero line, it basically indicates that the pair is above its… Continue reading

Trendline Price Alert MT4 Indicator

by Dave

Related Source: Trendline Price Alert This indicator is a very helpful tool for forex traders who use trendlines as a part of their trading strategy. The indicator attaches 2 tredlines on… Continue reading

Set Fibo Price MT4 Indicator

by Dave

Set Fibo Price MT4 Indicator

Set Fibo Price MT4 Indicator Set Fibo Price indicator adds actual price labels for the Fibonacci retracement levels. In order to make this indicator work, first you have to draw… Continue reading

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