The Detrended Synthetic Price oscillator shows price movement trends without taking into account the trend component. It is calculated as the difference between EMA and a half-period EMA.
The indicator has three input parameters:
- Half-period MA – the period of the “half-period” moving average;
- Method – Moving Average calculation method;
- Applied price – Moving Average calculation price.
If the period of the half-period MA is 10, the period of the second MA is equal to 10 * 2 = 20.