Detrended Synthetic Price Indicator
Info
The Detrended Synthetic Price Indicator is a Indicator for MetaTrader 4 that the detrended synthetic price indicator is a tool for technical analysis. This indicator was developed by John Ehlers.
Usage
This tool is typically used for trend following strategies across multiple currency pairs.
Platform
This Indicator works exclusively on MetaTrader 4 (both build 600+ and newer versions).
Setup
Place the downloaded file in MQL4/Indicators folder via File ? Open Data Folder in MetaTrader 4.
How to Install and Use Detrended Synthetic Price Indicator
1. Installation: Place your file in the MQL/Indicators folder via "Open Data Folder" and restart your terminal.
2. Loading: Find the indicator in the Navigator, drag it onto your chart, and configure the input parameters in the popup window.
3. Customization: Press Ctrl+I to open the indicator list, select your tool, and click "Properties" to change colors, levels, or visual styles.
4. Updating: Replace the old file in the Indicators folder with the new version and restart the platform to apply changes.
Frequently Asked Questions
Q: Why is my indicator not showing? A: Verify the file is in the MQL/Indicators folder, or try right-clicking the "Indicators" tree in the Navigator and clicking "Refresh."
Q: Do custom indicators slow down the platform? A: Too many complex indicators can impact performance; remove unused ones via the "Indicator List" (Ctrl+I).
Q: Can I use MT4 indicators on MT5? A: No, MQL4 and MQL5 are distinct languages; ensure the indicator is compiled specifically for your platform version.
What this tool does
The Detrended Synthetic Price indicator is a tool for technical analysis.
Typical Use Case
This Indicator excels in trend following on MetaTrader 4.
Compatible Platform & Setup
This Indicator works on MetaTrader 4. Place the file in the MQL4/Indicators folder and restart the terminal.
Description & Settings
Related: Detrended Synthetic Price Indicator (Histo) - another powerful indicator for MetaTrader 4 traders.
The Detrended Synthetic Price indicator is a tool for technical analysis.Also recommended: Detrended Synthetic Price Oscillator - similar indicator with strong performance on MetaTrader 4.
This indicator was developed by John Ehlers.
While there are multiple methods for its application, a common approach involves fixed levels. However, this method can be restrictive, often requiring manual adjustment of levels for each specific symbol, timeframe, or indicator parameter setting.
This version of the Detrended Synthetic Price indicator is designed for use with MQL4 and MQL5 platforms.
The indicator calculates and displays the detrended synthetic price, which can help traders identify potential turning points and trends by removing the influence of the underlying price trend.
Key features include:
- Calculation of detrended synthetic price
- Customizable parameters for signal generation
- Compatibility with MetaTrader 4 and MetaTrader 5 platforms
By removing the trend component, the indicator aims to highlight cyclical patterns and short-term price fluctuations that might otherwise be obscured. This can be particularly useful in ranging markets or for identifying entry and exit points based on momentum shifts.
For optimal performance, it is recommended to experiment with the indicator's settings on different symbols and timeframes to find the most suitable configurations for your trading strategy.
This tool was updated in 2026.
You may also like: detrended price oscillator mt4 - excellent alternative for indicator users on MetaTrader 4.
Source Code
#property copyright "robotfx"
#property link "https://robotfx.org"
#property link "https://robotfx.org"
#property indicator_chart_window
#property indicator_buffers 2
#property indicator_color1 clrlimegreen
#property indicator_color2 clrorangered
#property indicator_width1 2
#property indicator_width2 2
#property strict.......
⚠ Limitations & Risk Warning
- This tool is provided for educational and testing purposes only.
- Past performance does not guarantee future results.
- Trading involves substantial risk of loss. Use on a demo account first.
- Results may vary depending on market conditions, broker, and settings.
- We recommend thorough backtesting and forward testing before using with real funds.