Detrended synthetic price
Indicators

Detrended Synthetic Price Indicator

Introducing Detrended Synthetic Price forex trading indicator. This is a very simple oscillator based forex tool. The detrended synthetic price will give you information about the momentum of the market and you will need additional indicators like moving averages to get accurate buy/sell signals. This is a very flexible indicator, you can use it to trade any currency pair and on any trading timeframe. Always watch out for trending markets because they provide the best entries and avoid choppy markets.

The Best Custom Forex Indicators Ever

Install Detrended Synthetic Price, your chart should look like this;

Detrended Synthetic Price

Scroll below to download indicator

The Detrended Synthetic Price indicator contains two oscillators, the dotted grey oscillator, and the signal generator. You should make your trading decisions on the basis of crossovers from these two oscillators and the color of the oscillator. When the signal generator turns green it signals a buying opportunity and when the signal generator turns orange it signals a selling opportunity.

Foreign Exchange Brokers

Conditions for buying Using Detrended Synthetic Price.

  • The market should be up trending.
  • The market should be rising from the recent swing low.
  • Signal generator oscillator of DSP oscillator indicator should be green.
  • Place your long position as soon as above conditions are met.
  • Place your stop loss just below the recent swing low.
  • Take your profit when the green oscillator turns grey.

Conditions for selling Using Detrended Synthetic Price.

  • The market should be down trending.
  • The market should be falling from the recent swing high.
  • Signal generator oscillator of DSP oscillator indicator should be orange.
  • Place your short position as soon as above conditions are met.
  • Place your stop loss just above the recent swing high.
  • Take your profit when the orange oscillator turns grey.

Download Free Forex Detrended Synthetic Price Indicator

OPEN ACCOUNT

Our community works well with InstaForex. Are you looking for a demo or real account? We recommend InstaForex. Currently, they offer up to $1000 no deposit bonus; That’s right! You can trade real funds without depositing them, see the definition below;

OPEN ACCOUNT

Insta no deposit Bonus

Enjoyed reading this page? Please leave us a comment below.

2 thoughts on “Detrended Synthetic Price Indicator

  1. “Which Forex pair and time frame is best to trade” is the frequently asked question and I want do give you the DEFINITE ANSWER.

    Are you expecting that I am going to say something like EUR/USD on 5-minute time frame or GBP/USD on daily…? No, it is not so simple, but SIMPLE ENOUGH we can figure it out!

    The “PROBLEM” is that markets change over time. If GBP/USD was a well trending currency pair a few years ago, today it is another one.

    I actually want to let you know about a SPECIAL TOOL that I use to find the BEST TRENDING PAIRS among all the Forex pairs.

    http://www.forextrendy.com?hfsdtb63546

    The software scans 34 Forex pairs on all time frames from minute to monthly. This way you pick the best trending pair and time frame at the current time.

    The system is running on our powerful computers, so you have nothing to download and install. Just join in and start using it within a FEW MINUTES! Get it on the link below:

    http://www.forextrendy.com?hfsdtb63546

  2. vinuthav2infotech

    “Which Forex pair and time frame is best to trade” is the frequently asked question and I want do give you the DEFINITE ANSWER.

    Are you expecting that I am going to say something like EUR/USD on 5-minute time frame or GBP/USD on daily…? No, it is not so simple, but SIMPLE ENOUGH we can figure it out!

    The “PROBLEM” is that markets change over time. If GBP/USD was a well trending currency pair a few years ago, today it is another one.

    I actually want to let you know about a SPECIAL TOOL that I use to find the BEST TRENDING PAIRS among all the Forex pairs.

    http://www.forextrendy.com?hfsdtb63546

    The software scans 34 Forex pairs on all time frames from minute to monthly. This way you pick the best trending pair and time frame at the current time.

    The system is running on our powerful computers, so you have nothing to download and install. Just join in and start using it within a FEW MINUTES! Get it on the link below:

    http://www.forextrendy.com?hfsdtb63546

Comment(s)

This site uses Akismet to reduce spam. Learn how your comment data is processed.