DSS Bressert Strategy

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DSS Bressert Strategy

Postby Apprentice » Sun Apr 24, 2011 5:29 am

DSS Formulas is similar to the that of stochastic indicator.
William Blau and Walter Bressert presented different version of the Double Smoothed Stochastics.

DSS Bressert Strategy.png


In addition to the two signal already present on a standard indicator,
Buy
DSS or Signal Rise above Oversold.
Sell
DSS orSignal Falls below Overbought.

I added two additional features.
Buy
Simple DSS - Signal Crossover
DSS - Signal Crossover in Oversold.
Sell
DSS - Signal Crossover in Overbought.
Simple DSS - Signal Crossover

The signals generated while the market is in Oversold / Overbought From my experience are more reliable.


DSS Bressert Strategy.lua
(14.03 KiB) Downloaded 1035 times


If you do not already have it installed.
You need to install DSS indicator.

You can find it here.
viewtopic.php?f=17&t=1855
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Re: DSS Bressert Strategy

Postby amazon1a » Wed Oct 05, 2011 11:28 am

Could you add an alert function that generates an alert with a choice to trade or not when the signal crosses a given level (80/20) AFTER having previously crossed (DSS/signal) in either overbought/oversold (80/20) territory. I really like this Strategy, but find that it gives too many false alerts while in overbought/oversold territory.
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Re: DSS Bressert Strategy

Postby Apprentice » Thu Oct 06, 2011 4:48 pm

Your request is added to the developmental cue.
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Re: DSS Bressert Strategy

Postby Apprentice » Fri Oct 07, 2011 4:08 am

Requested algorithm added.
DSS Bressert Strategy.lua
(15.02 KiB) Downloaded 538 times
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Re: DSS Bressert Strategy

Postby amazon1a » Fri Oct 07, 2011 10:06 am

Thanks so much for such a speedy reply. Worked perfectly on my first try of EUR/USD 1min chart at 10.56-9 EST; then again with a reversal at 11.08. TOO COOL!!!
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Re: DSS Bressert Strategy

Postby amazon1a » Mon Feb 06, 2012 1:51 pm

Is it possible to code a variation - Robby DSS Bressert with color and alert? I have this indicator for FXCM MetaTrader 4 if that would help. I like it alot, but would prefer to run it on TS2. Thanks.
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Re: DSS Bressert Strategy

Postby Apprentice » Tue Feb 07, 2012 5:56 am

Strategy / signal already exists.
There is also an indicator.
I'm not sure what your request.
Can you send me Mq4 version for comparison.
New version of the indicator, with alert.
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Re: DSS Bressert Strategy

Postby amazon1a » Tue Feb 07, 2012 10:31 am

Thanks for your quick response. I do not know if the new indicator was attached or not. If so, you will see that the display is quite different and uses dots which switch colors at the pivot points. Generally I am working with 1Hr charts, and it is somewhat less ambiguous than the existing indicator.
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Robby DSS Bressert Colored with alert v1.1.mq4
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Re: DSS Bressert Strategy

Postby raychan » Thu Oct 04, 2012 9:03 am

It seems that the multiple position function is not working. Could you please fix it?
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Re: DSS Bressert Strategy

Postby briansummy » Fri Oct 12, 2012 8:43 pm

Apprentice wrote:Requested algorithm added.
DSS Bressert Strategy.lua



This would be a great strategy if you can condition it to buy or sell only in agreement with 3 Level ZZ Semafor Value of 3 or 2. Thoughts?
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