OmniTrader Professional Forum OmniTrader Professional Forum
forums calendars search
today this week
 
register logon control panel Forum Rules
You are currently browsing as a guest.
You should logon to access more features
A Self-Moderated Community - ALL MEMBERS, PLEASE READ!
Vote for Members who contribute the most to your trading, and help us moderate content within the Forums.


  Current location        Thread information  
OmniTrader Professional Forum
Feature Requests
Ultimate Indicator Suite Double Stochastic
Last Activity 12/18/2017 4:46 AM
0 replies, 589 viewings

Jump to page : 1
Now viewing page 1 [25 messages per page]
 
back reply
Printer friendly version

^ Top
Hey Ed!

Regular
252525
Posts: 99

Joined: 6/4/2007
Location: New York, NY

User Profile
 
Subject : Ultimate Indicator Suite Double Stochastic
Posted : 11/25/2015 12:57 PM
Post #24819

The Double Stochastic uses a filter based on a SMA 200 bar. This is way to long for short time frames, it blocks too many fired signals.

The D Sto is a crisp statistical measure signal which catches change in momentum as it occurs with as little as 1 bar lag. The eye must be working.

As I experimented with the SMA time periods I just dis-enabled it in the strategy and got much better signal printing. It leaves you with the need to ignore buy signals (with say no D STO or STO meaningful pattern) in a downtrend and conversely in an uptrend - which you should do anyway.

So I would suggest a strategy parameter which enables you to tune the filter SMA including a disable filter button.

Anyway, the DoubleSto indicator and strategy build on the Bressert interpretation look to be quite valuable. I always liked Bressert, a wonderful market technician.
Jump to page : 1
Now viewing page 1 [25 messages per page]
back reply

Legend    Action      Notification  
Administrator
Forum Moderator
Registered User
Unregistered User
E-Mail this thread to a friend
Toggle e-mail notification


Nirvana Systems
For any problems or issues please contact our Webmaster at webmaster@nirvsys.com.