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Double stochastic multi colors
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Created: by wujek59 Attachments:7

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Double stochastic multi colors

  #11 (permalink)
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Fat Tails View Post
Somehow, I uploaded the false indicator.


I have now replaced it with the one which I had intended to upload.


Thanks again for telling me.

Welcome although the thanks goes to you for your continued efforts....

Btw, I'm still not getting the same indicator that's in the picture ?
Your picture (post# 8) has "anaDoubleStochastic" with two Period settings (, ie 13/3).
The Download link is still giving me the basic NT DoubleStochastic that does have up/down line coloured,
and arrows (which don't change when the "overSold" and "overBought" threshold are changed)
but only has one Period setting ?

Is it me or perhaps Fat Tails is having a Fat Finger day ?

Thx

Every moment I wake up I realize I know nothing, and then I smile...

Last edited by zt379; July 4th, 2011 at 05:58 PM.
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  #12 (permalink)
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zt379 View Post
Welcome although the thanks goes to you for your continued efforts....

Btw, I'm still not getting the same indicator that's in the picture ?
Your picture (post# 8) has "anaDoubleStochastic" with two Period settings (, ie 13/3).
The Download link is still giving me the basic NT DoubleStochastic that does have up/down line coloured,
and arrows (which don't change when the "overSold" and "overBought" threshold are changed)
but only has one Period setting ?

Is it me or perhaps Fat Tails is having a Fat Finger day ?

Thx

I think this time it must be your Fat Finger (maybe mine is already tired).

I just checked the download file, and it contains anaDoubleStochastics.
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  #13 (permalink)
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Fat Tails View Post
Best you post the indicator for NT 6.5. right here, and somebody will solve the problem.

The indicator version from the download section of the forum is compatible with NT 7.0.

Indicator attached below.

Hey, does this indicator repaint? In other words, does it sometimes modify the color of the line in prior bar based on new data on the present bar? Thanks so much for the indicator!!! Great job!

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  #14 (permalink)
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Southsea View Post
Hey, does this indicator repaint? In other words, does it sometimes modify the color of the line in prior bar based on new data on the present bar? Thanks so much for the indicator!!! Great job!

No, it does not repaint.

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  #15 (permalink)
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Update Double Smoothed Stochastics

I have updated the Double Stochastics Indicator. The new version has a signal line added, so it will be incompatible with prior versions, if used by other indicators or a strategy, as the period of the siganl line appears as additional input parameter. I have therefore named the new version Double Smoothed Stochastics (or DSS), which is also the term used by Walter Bressert, who has made the indicator popular.

The code of the old version was highly inefficient - although I had claimed the opposite two years ago - but that is life.

I have also changed the default settings of the indicator to the more common settings of 10 for the stochastics period and 9 for the EMA period.

Please find the new indicator per link below.

https://futures.io/download/ninjatrader-7/indicators/952-download.html?view


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  #16 (permalink)
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DVSSDS

David Varadi from CSSA has developed a similar indicator, which he calls DVSSDS (DV Super Smoothed Double Stochastics). As I had just reviewed the original Bressert Double Stochastics, it only took add the modifications. I have also produced a modified version of the DVSSDS, which I have called DVSSDS2. Both indicators are attached below.

Here are the differences:

Bressert DSS: Take a raw M-period Stochastics, smooth it exponentially with the period N, then apply the M-period Stochastics again, then apply exponential smoothing with the period N for a second time. Default values for M are 10 and 5. Default values for N are typically between 3 and 10.

DVSSDS: Take a raw M-Period Stochastics, then apply the M-Period Stochastics again, then apply simple smoothing with a period N = 3, and finally smooth the result over the last two bars with a smoothing factor of 0.15 for the last bar.

Modified DVSSDS: Take a raw M-Period Stochastics, then apply the M-Period Stochastics again, then apply simple smoothing with a period N1 = 3, and finally apply exponential smoothing. The period N2 =12 results in a smoothing factor of 2/(n+1) = 2/13 = 0.1538.

For the purpose of comparing the indicators I have used the following settings:

Bressert DSS: Stochastics period 10, EMA period 3, trigger period 5
DVSSDS: Stochastics period 10, SMA period 3, last bar weight 15%, trigger period 5
Modified DVSSDS: Stochastics period 10, SMA period 3, EMA period 3, trigger period 5

The three indicators are similar and I would not dare to decide which of them will produce the better signals.

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Attached Files
Register to download File Type: zip DVSSDS.zip (10.1 KB, 110 views)
Register to download File Type: zip DVSSDS2.zip (10.1 KB, 127 views)

Last edited by Fat Tails; March 7th, 2013 at 05:16 PM.
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  #17 (permalink)
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Indicator Update Double Smoothed Stochastics and DVSSDS

Unfortunately I was tired, when I published both the Double Smoothed Stochastics and the DVSSDS yesterday. I discovered a simple copy-and-paste error today, which has serious consequences, when the indicator is set to COBC = false. It will simply display false values.

I apologize, but it is absolutely necessary to download the indicators again. You can install the new over the prior version.

For the Double Smoothed Stochastics, here is the link:

https://futures.io/download/ninjatrader-7/indicators/952-download.html

For the DVSSDS, I have replaced the indicator files in post #16 of this thread:

https://futures.io/ninjatrader/11909-double-stochastic-multi-colors-2.html#post308921

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  #20 (permalink)
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I use the Robby DSS Bressert for currency trading on MT4. I only scalp trade and Robby DSS Bressert is best indicator I have found after testing many. I prefer the MT4 version with one line and dots overlayed in the indicator region.

Image of Robby DSS Bressert at (www dot)newdigitallife.wordpress.com/2012/08/16/robby-dss-bressert-colored-with-alert_v1-2/


MQ4 code if you can convert to ninjatrader for our use;


#property indicator_separate_window
#property indicator_minimum 0
#property indicator_maximum 100
#property indicator_buffers 3
#property indicator_color1 OrangeRed
#property indicator_width1 3
#property indicator_color2 Blue
#property indicator_width2 2
#property indicator_color3 Red
#property indicator_width3 2
#property indicator_level1 20
#property indicator_level2 80


extern int EMA_period=8;
extern int Stochastic_period=13;


double DssBuffer[];
double MitBuffer[];
double DssBuffer_UP[];
double DssBuffer_DW[];


double smooth_coefficient;


int init()
{
IndicatorBuffers(4);
SetIndexBuffer(0,DssBuffer);
SetIndexStyle(0,DRAW_LINE);
SetIndexBuffer(1,DssBuffer_UP);
SetIndexStyle(1,DRAW_ARROW);
SetIndexArrow(1,159);
SetIndexBuffer(2,DssBuffer_DW);
SetIndexStyle(2,DRAW_ARROW);
SetIndexArrow(2,159);

SetIndexBuffer(3,MitBuffer);

SetIndexEmptyValue(0, 0.0);
SetIndexLabel(0, "DSS");
SetIndexEmptyValue(1, 0.0);
SetIndexLabel(1, "DSS Up");
SetIndexEmptyValue(2, 0.0);
SetIndexLabel(2, "DSS Down");

IndicatorShortName ("DSS("+EMA_period+","+Stochastic_period+")");

smooth_coefficient = 2.0 / (1.0 + EMA_period);
return(0);
}


int start()
{
int i, limit, counted_bars=IndicatorCounted(), Bar_OK;
if (counted_bars == 0) limit = Bars - Stochastic_period;
if (counted_bars > 0) limit = Bars - counted_bars;

double HighRange, LowRange;
double delta, MIT;
for (i = limit; i >= 0; i--)
{
HighRange = High[iHighest(NULL,0,MODE_HIGH,Stochastic_period,i)];
LowRange = Low[iLowest(NULL,0,MODE_LOW,Stochastic_period,i)];
delta = Close[i] - LowRange;
MIT = delta/(HighRange - LowRange)*100.0;
MitBuffer[i] = smooth_coefficient * (MIT - MitBuffer[i+1]) + MitBuffer[i+1];
}

double DSS;
for (i = limit; i >= 0; i--)
{
HighRange = MitBuffer[ArrayMaximum(MitBuffer, Stochastic_period, i)];
LowRange = MitBuffer[ArrayMinimum(MitBuffer, Stochastic_period, i)];
delta = MitBuffer[i] - LowRange;
DSS = delta/(HighRange - LowRange)*100.0;
DssBuffer[i] = smooth_coefficient * (DSS - DssBuffer[i+1]) + DssBuffer[i+1];
}

for (i = limit; i >= 0; i--)
{
//DssBuffer_UP[i]=EMPTY_VALUE;
//DssBuffer_DW[i]=EMPTY_VALUE;
Bar_OK=0;

if(DssBuffer[i]>DssBuffer[i+1])
{
DssBuffer_UP[i]=DssBuffer[i];
Bar_OK=1;
DssBuffer_DW[i] = 0.0;
}

if(DssBuffer[i]<DssBuffer[i+1])
{
DssBuffer_DW[i]=DssBuffer[i];
Bar_OK=1;
DssBuffer_UP[i] = 0.0;
}

if(Bar_OK==0)
{
DssBuffer_UP[i]=DssBuffer_UP[i+1];
DssBuffer_DW[i]=DssBuffer_DW[i+1];
}
}

return(0);
}

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