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DSS Bressert Strategy

PostPosted: Sun Apr 24, 2011 5:29 am
by Apprentice
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 1759 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

Re: DSS Bressert Strategy

PostPosted: Wed Oct 05, 2011 11:28 am
by amazon1a
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.

Re: DSS Bressert Strategy

PostPosted: Thu Oct 06, 2011 4:48 pm
by Apprentice
Your request is added to the developmental cue.

Re: DSS Bressert Strategy

PostPosted: Fri Oct 07, 2011 4:08 am
by Apprentice
Requested algorithm added.
DSS Bressert Strategy.lua
(15.02 KiB) Downloaded 1241 times

Re: DSS Bressert Strategy

PostPosted: Fri Oct 07, 2011 10:06 am
by amazon1a
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!!!

Re: DSS Bressert Strategy

PostPosted: Mon Feb 06, 2012 1:51 pm
by amazon1a
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.

Re: DSS Bressert Strategy

PostPosted: Tue Feb 07, 2012 5:56 am
by Apprentice
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.

Re: DSS Bressert Strategy

PostPosted: Tue Feb 07, 2012 10:31 am
by amazon1a
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.

Re: DSS Bressert Strategy

PostPosted: Thu Oct 04, 2012 9:03 am
by raychan
It seems that the multiple position function is not working. Could you please fix it?

Re: DSS Bressert Strategy

PostPosted: Fri Oct 12, 2012 8:43 pm
by briansummy
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?