DSS

DSS Bressert – indicator MetaTrader 5

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DSS Bressert formula
Real author: Rosh 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 … Read more

DSS – indicator MetaTrader 5

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DSS - indicator for MetaTrader 5
Double Smoothed Stochastic is a stochastic smoothed twice. There are five inputs: Period – calculation period EMA period – ЕМА ratio calculation period Signal period – signal line period Overbought – overbought level Oversold – oversold level Calculation: DSS = coeff * Mit+(1.0-Coeff) * PrevDSS Signal = EMA(DSS, Signal period) where: Coeff = 2.0 / … Read more