Detrended Price Oscillator | Detrended-Price-Oscillator - MT4/MT5 Resource

Detrended-Price-Oscillator Similar to other stochastic indicators, the Detrended Price Oscillator can be used for divergence trading. > Detrended Price Oscillator can be used for divergence trading similarly to other stochastic indicators. ### Project Information - Programming Language: MQL5 - Star: 6 - Fork: 1 - License: Apache License 2.0 - Update Time: 2025-08-03T13:21:03Z ### Detailed Introduction# Detrended Price Oscillator The Detrended Price Oscillator is an indicator customized by EarnForex.com for MT4 and MT5. It is an oscillator that calculates the ratio of the current price to a moving average a fixed number of periods ago. Although the detrended price oscillator is designed to send buy and sell signals when it crosses the zero level, its best use is for divergence trading when a currency rate sets new higher highs or lower lows, while the indicator is showing lower highs or higher lows. The device can also sound various alarms at zero level crossings. More information about this custom MetaTrader indicator can be found here: Any contributions to the code are welcome! ### File download - Detrended Price Oscillator.mq4 - Detrended Price Oscillator.mq5 ### Source codeView GitHub repository