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Detrended price

Price with the trend taken out, to show the cycle.

It compares price with a shifted moving average, so the long trend disappears and only the wave around it stays. Handy for spotting a rhythm in a range.

In TradeXtool

Entry: Detrended price crosses above 0.

Watch out

Because of the shift, the last values move as new candles arrive: never treat it as a live signal.

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