Trading indicator
Detrended Price OscillatorBacktest results
| Position | Trades | Duration | Win rate | Win/loss | Avg win | Avg loss | Return |
| Long | 10 | 4.5 | 20% | 25% | 1.6% | -0.8% | -3.4% |
|---|---|---|---|---|---|---|---|
| Short | 5 | 4.2 | 40% | 67% | 1.9% | -3.2% | -5.9% |
Company
Indicator
| Code | Company | Date | Close | Change | Indicator | Value | Signal |
|---|
Trading Performance
Detrended Price Oscillator
Score
-0.3
| Position | Trades | Duration | Win Rate | Win/Loss | Avg Win | Avg Loss | Return |
|---|---|---|---|---|---|---|---|
| LONG | 6 | 33.8 | 0.33% | 0.33% | 0.0% | -5.0% | -29.7% |
| SHORT | 5 | 80.6 | 0.80% | 4.00% | 20.8% | -9.1% | 74.0% |
Summary
Technical Analysis
The Detrended Price Oscillator (DPO) is an indicator designed to remove trend from price and make it easier to identify cycles. DPO does not extend to the last date because it is based on a displaced moving average. However alignment with the most recent is not an issue because DPO is not a momentum oscillator. Instead DPO is used to identify cycle’s highs/lows and estimate cycle length.
Calculation: Detrended Price Oscillator (DPO):
1) Price (X/2 + 1) periods ago minus X-period simple moving average.
Where X is the number of periods;
PROFILE: Metro Performance Glass (MPP.AX)
Stock Exchange: ASX
Company: Metro Performance Glass
Ticker Codes: | MPP.AX | ASX:MPP |
Metro Performance Glass Limited, together with its subsidiaries, supplies processed flat glass and related products for the residential and commercial building sectors in New Zealand and Australia. Its products include various glass products, including splash backs, benchtops, and kitchen doors and mirrors; and mirrors, inline showers, two and three sided showers, bath end showers, bath screens, and shower and screen hardware. The company also offers balustrades, stairs, room dividers, doors, mirrors, furniture, and balustrade and door hardware; and outdoor balustrades, pool fences, wind breaks, glass canopies, glass features, outdoor furniture, and balustrade and pool fence hardware. In addition, it provides installation services. Metro Performance Glass Limited was founded in 1987 and is headquartered in Auckland, New Zealand.
Top 10:
Detrended Price Oscillator
| Company | Close | Change(%) | Volume | Value | Signal |
|---|---|---|---|---|---|
| AXP Airxpanders Inc | 0.04 | 0 | 0 | 0 | NEUTRAL |
| BLA Blue Sky | 0.19 | 0 | 0 | 0 | NEUTRAL |
| CBL Cbl Corporation | 2.82 | 0 | 0 | 0 | NEUTRAL |
| DFM Dongfang Modern Agriculture | 0.83 | 0 | 0 | 0 | NEUTRAL |
| FIG Freedom Insurance | 0.02 | 0 | 0 | 0 | NEUTRAL |
| GCY Gascoyne Resources | 0.04 | 0 | 0 | 0 | NEUTRAL |
| QIN Quintis | 0.3 | 0 | 0 | 0 | NEUTRAL |
| RVA Reva Medical | 0.17 | 0 | 0 | 0 | NEUTRAL |
| SAS Sky And Space Global | 0.03 | 0 | 0 | 0 | NEUTRAL |