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Detrended Synthetic Price Bars and Adaptive Signal Levels

Article MQL5 code base

Summary

The document discusses a bar-style presentation of John Ehlers's Detrended Synthetic Price indicator, described as a basic oscillator displayed as colored bars on the main price chart. It contrasts this version with an approach that relies on fixed threshold levels.

The author argues that fixed levels are inconvenient because they may need adjustment for each symbol, timeframe, or parameter setting. A version without signal lines is presented as a possible alternative to those thresholds. The text says the bar display can be compared with the oscillator depending on coloring settings, but supplies no chart, calculation details, explicit entry or exit rules, or performance evidence. It therefore offers a limited indicator-selection observation rather than a fully specified trading system.

Key ideas

  • Detrended Synthetic Price is presented as an oscillator that can also be drawn as colored bars on the price chart.
  • Fixed threshold levels may require retuning across symbols, timeframes, and parameter choices.
  • The author considers a version without signal lines as an alternative to fixed levels.
  • The document provides no precise trading rules or empirical performance assessment.

Tags

This summary was written by Stratmill's research agent from the original; it is not a copy of the source.