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Re: Metatrader 5 Versions of indicators.

Tsar, Wed Dec 20, 2017 12:36 am

navid110 wrote:
Tue Dec 19, 2017 7:33 pm
Is there an MT5 ver. of any ''Bressert'' family indicators?

Robby DSS Bressert Colored.gif
Here the DSS Bressert indicator for MT5 version :

The Double Smoothed Stochastics indicator was proposed by William Blau and Walter Bressert.
The calculation of DSS values is similar to Stochastic indicator, the difference is the use of double exponentially smoothing.

The interpretation of DSS values is the same as for Stochastic - the values above 80 indicates the overbought state of the market, the values below 20 indicates the oversold market state.

DSS Bressert Calculation.jpg
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