Dss
Bressert MQ4 indicator is a momentum indicator based on
stochastic oscillator.
Walter Bressert each presented a version of the Double Smoothed Stochastics. The indicator was created by walter Bressert is a version of the double smoothed stochastico.
Walter Bressert each presented a version of the Double Smoothed Stochastics. The indicator was created by walter Bressert is a version of the double smoothed stochastico.
Two
exponentially smoothed MAs are used to even out the input values (H,
L and C), in a similar way to the well-known stochastic
formula.
Formula
Calculation of the DSS indicator according to Bressert is similar to stochastics.
1.) The numerator: first the difference between the current close and the period low is formed. The denominator: here the difference between the period high minus the period low is calculated. Now the quotient of numerator and denominator is calculated, exponentially smoothed and then multiplied by 100.
2.) The method is analogous to 1.) with the distinction that now the prices of the newly calculated price series of 1.) is used.
Formula
Calculation of the DSS indicator according to Bressert is similar to stochastics.
1.) The numerator: first the difference between the current close and the period low is formed. The denominator: here the difference between the period high minus the period low is calculated. Now the quotient of numerator and denominator is calculated, exponentially smoothed and then multiplied by 100.
2.) The method is analogous to 1.) with the distinction that now the prices of the newly calculated price series of 1.) is used.
How to install DSS MQ4 indicator for trading with MT4?
Download
DSS Mq4 indicator
Copy
mq4 and ex4 files to your Metatrader Directory / experts /
indicators /
Start
or restart your Metatrader Client
Move
right to select DSS oscillator.
You
will see DSS
on
your Chart
Download
DSS Mq4 indicator
Copy
mq4 and ex4 files to your Metatrader Directory / experts /
indicators /
Start
or restart your Metatrader Client
Move
right to select DSS oscillator.
You
will see DSS
on
your Chart
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