Jump to content
Medved Trader Forums
  • 0

Bressert DSS


davc55
 Share

Question

Dear Jerry Medved,

 

Your program QuoteTracker had the indicator Bressert DSS. As you know, Bressert DSS gives a profitable signal while Fast, Slow, and Full Stochastic do not in trending Markets.

 

Please add Bressert DSS to the list of available indicators in your new program, Medved Trader.

 

Sincerely,

davc55

Link to comment
Share on other sites

10 answers to this question

Recommended Posts

  • 0

It's the standard Bressert DSS formula:

 

1. Calc Highest High and Lowest Low for the period - HH and LL

2. Calc Value = 100*(Close-LL)/(HH-LL)

3. Get EMA(smooth) of Value = EMAValue

4. Get highest high and lowest low of EMAValue for the period - NewHH and NewLL

5. PreDSS = 100*(EMAValue-NewLL)/(NewHH-NewLL)

6. DSS = EMA(smooth) of PreDSS

7. Plot DSS

 

In the future, I think we will release the source of all (most?) indicators. Both so that these kinds of questions can be answered and as models for people who will write their own indicators to include in MT.

Link to comment
Share on other sites

Join the conversation

You can post now and register later. If you have an account, sign in now to post with your account.

Guest
Answer this question...

×   Pasted as rich text.   Paste as plain text instead

  Only 75 emoji are allowed.

×   Your link has been automatically embedded.   Display as a link instead

×   Your previous content has been restored.   Clear editor

×   You cannot paste images directly. Upload or insert images from URL.

 Share

×
×
  • Create New...