Detrended Synthetic Price (oscillator) – indicator for MetaTrader 4

(In the above image NSE Symbol: DRREDDY | Time frame:H4)

Detrended Synthetic Price (DSP) was authored by Bill Mars. The DSP uses highs, previous high, lows, previous lows and feedback to create two exponential moving averages. The DSP is plotted as their difference. The period length is used but in a non traditional way and the user may change this period length.

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