DSS mq4 indicator

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.
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.
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.

DSS Oscillator formula

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

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