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DPOMASimple (DetrendPrice Oscillator) is an indicator that removes the price trend, in order to observe the cyclical movements of the price without the noise of the trend, the DPOMASimple indicator can be used to determine support and resistance levels in the peaks and valleys or as trading signal whe cross 0 level.
DPOMASimple > 0 -> Buy. DPOMASimple < 0 -> Sell.
Markets in range: Maximum and minimum will be the same as in the past. Set the overbought and oversold levels ba