The PSO, developed by Lee Leibfarth, is a rewired version of a short-period stochastic. This provides a quick response to changes in market direction. This highly sensitive indicator allows for early anticipation of price turns and can be used to establish definitive trading zones that identify potential trading opportunities. Rules as suggested by Mr.Lee: For...
This System was created from the Book "How I Tripled My Money In The Futures Market" by Ulf Jensen, Page 183. This is reverse type of strategies. The strategy buys at market, if close price is higher than the previous close during 2 days and the meaning of 9-days Stochastic Slow Oscillator is lower than 50. The strategy sells at market,...
This back testing strategy generates a long trade at the Open of the following bar when the %K line crosses below the %D line and both are above the Overbought level. It generates a short trade at the Open of the following bar when the %K line crosses above the %D line and both values are below the Oversold level.
I was asked to create this Indicator by TV user Drat. In the 1st Post I go into Specific Details of the Indicator. The Concept is Valid and the 1st Post is Worth Reading.
Hi Let me introduce my DSS Bressert (Double Smoothed Stochastic) script. Double Smoothed Stochastics (DSS) is designed by William Blaw. It attempts to combine moving average methods with oscillator principles.