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Pulse DPO with Z-Score

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📌 Pulse DPO with Z-Score — Indicator Description (English)
The Pulse DPO (Detrended Price Oscillator) helps identify major market cycle tops and bottoms by removing long-term trends and focusing on shorter-term price cycles.

This enhanced version includes:

A normalized oscillator (0–100) based on recent price deviations.

A smoothed signal to reduce noise.

A Z-Score transformation, scaling the output to a range from –3 to +3, where:

–3 represents extreme oversold conditions (former normalized value = 100),

+3 represents extreme overbought conditions (former normalized value = 1).

🔍 How it works:
The indicator subtracts a delayed moving average from price to isolate short-term cycles (DPO logic).

It then normalizes the oscillator within a lookback window.

Finally, it converts this to a Z-Score scale for easier interpretation of extremes.

🟢 Suggested Usage:
Consider Long entries or Short exits when Z-Score reaches –2 to –3 (deep oversold).

Consider Short entries or Long exits when Z-Score reaches +2 to +3 (deep overbought).

Use in combination with other signals for higher-confidence setups.

Penafian

Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.