Looking for Bressert's Double Smoothed Stochastic for MT4
Would you provide the formula/calculation/explanation for it?
Hello Tonyc2a,
Here is the eSignal version I got off of the www.tssupport.com website
Here is the eSignal version I got off of the www.tssupport.com website
/*******************************************************************
Description : This Indicator plots DSS Bressert
Provided By : Developed by TS Support, LLC for eSignal. (c) Copyright 2002
********************************************************************/
function preMain()
{
setStudyTitle("DSS Bressert");
setCursorLabelName("DSS", 0);
setCursorLabelName("Trigger", 1);
setCursorLabelName("Overbought", 2);
setCursorLabelName("Oversold", 3);
setDefaultBarFgColor(Color.blue, 0);
setDefaultBarFgColor(Color.red, 1);
setDefaultBarFgColor(Color.grey, 2);
setDefaultBarFgColor(Color.grey, 3);
}
var EMA_1 = 0;
var EMA1_1 = 0;
var EMA2_1 = 0;
vAA = new Array();
function main(pds,slw,triggerLen,overbought,oversold,emalen){
if (pds == null)
pds = 10;
if (slw == null)
slw = 3;
if (triggerLen == null)
triggerLen = 5;
if (overbought == null)
overbought = 80;
if (oversold == null)
oversold = 20;
if (emalen == null)
emalen = 9;
var vHigh = getValue("High",0,-pds);
var vLow = getValue("Low",0,-pds);
var dClose = getValue("Close");
var K = 2 / (emalen + 1);
var K2 = 2 / (triggerLen + 1);
var aa = 0;
var dss = 0;
var High = 0;
var Low = getValue("Low");
var aHigh = 0;
var aLow = 10000000;
var EMA1 = 0;
var EMA = 0;
for (i = 0; i < pds; i++){
if (High < vHigh[i])
High = vHigh[i];
if (Low > vLow[i])
Low = vLow[i];
}
if((High - Low) != 0)
EMA = K * ( (dClose - Low) / (High - Low) ) + (1 - K) * EMA_1;
else
EMA = EMA_1;
if (getBarState() == BARSTATE_NEWBAR)
EMA_1 = EMA;
aa = EMA * 100;
for(i = pds - 1; i > 0; i--)
vAA[i] = vAA[i - 1];
vAA[0] = aa;
for (i = 0; i < pds; i++){
if (aHigh < vAA[i])
aHigh = vAA[i];
if (aLow > vAA[i])
aLow = vAA[i];
}
if (aHigh - aLow != 0)
EMA1 = K * ( (aa - aLow) / (aHigh - aLow) ) + (1 - K) * EMA1_1;
else
EMA1 = EMA1_1;
if (getBarState() == BARSTATE_NEWBAR)
EMA1_1 = EMA1;
dss = EMA1 * 100;
var EMA2 = K2 * dss + (1 - K) * EMA2_1;
if (getBarState() == BARSTATE_NEWBAR)
EMA2_1 = EMA2;
return new Array(dss,EMA2,overbought,oversold);
}
/*******************************************************************/
and here is my attempt to convert it over the MT4
I am having problems coming to terms with how to construct an indicator in MT4, so maybe someone can see what I am doing wrong.
//+------------------------------------------------------------------+
//| Test.mq4 |
//+------------------------------------------------------------------+
#property indicator_separate_window
#property indicator_buffers 2
#property indicator_color1 Yellow
#property indicator_color2 Red
//---- input parameters
extern int Periods=5;
extern int Trigger_Length=3;
extern int EMA_Length=3;
//---- buffers
double ExtMapBuffer1[];
double ExtMapBuffer2[];
// Globals
double vHigh = 0;
double vLow = 0;
double vClose = 0;
double Max_High = 0;
double Min_Low = 0;
double EMA = 0;
double Old_EMA = 0;
double K_Val = 0;
double K2_Val = 0;
double EMA1 = 0;
double Old_EMA1 = 0;
double EMA2[];
double Old_EMA2 = 0;
double AA = 0;
double vAA[];
double AA_Low = 0;
double AA_High = 0;
double DSS[];
int CompletedBar = 0;
int CurrentBar = 0;
int Counter = 0;
int Limit = 0;
int i = 0;
//+------------------------------------------------------------------+
//| Custom indicator initialization function |
//+------------------------------------------------------------------+
int init()
{
//---- indicators
SetIndexStyle(0,DRAW_LINE);
SetIndexBuffer(0,ExtMapBuffer1);
SetIndexStyle(1,DRAW_LINE);
SetIndexBuffer(1,ExtMapBuffer2);
IndicatorShortName("DSS("+Periods+","+Trigger_Length+","+EMA_Length+")");
SetIndexLabel(0,"DSS");
SetIndexLabel(1,"EMA");
ArrayResize(vAA, Periods);
if ( EMA_Length <= 2 )
EMA_Length = 3.0;
if ( Trigger_Length <= 2 )
Trigger_Length = 3.0;
if( Periods <= 5 )
Periods = 5;
K_Val = ( 2 / ( EMA_Length + 1 ));
K2_Val = ( 2 / ( Trigger_Length + 1));
return(0);
}
//+------------------------------------------------------------------+
//| Custor indicator deinitialization function |
//+------------------------------------------------------------------+
int deinit()
{
//---- TODO: add your code here
//----
return(0);
}
//+------------------------------------------------------------------+
//| Custom indicator iteration function |
//+------------------------------------------------------------------+
int start()
{
int Limit = 0;
int i = 0;
int Counted_Bars=IndicatorCounted();
K_Val = 0.5;
K2_Val = 0.5;
if ( Bars <= Periods )
return(0);
if ( Counted_Bars < 1 )
{
ArrayResize(DSS, Periods);
ArrayResize(EMA2, Periods);
for( i=1; i<Periods;i++ )
{
DSS[i] = 0.0;
EMA2[i] = 0.0;
}
}
i = Bars - Periods - 1;
//Limit = Bars - Counted_Bars - Periods;
if ( Counted_Bars >= Periods )
i = Bars - Counted_Bars - 1;
while( i >= 0 )
{
vHigh = High[Periods];
vLow = Low[Periods];
vClose = Close[i];
if ( vHigh == 0 || vLow == 0 || vClose == 0 )
return(0);
Old_EMA = EMA;
Old_EMA1 = EMA1;
Old_EMA2 = EMA2[0];
//Max_High = Highest(NULL, 0, MODE_HIGH, Periods, 0);
//Min_Low = Lowest(NULL, 0, MODE_LOW, Periods, 0);
Max_High = ArrayMaximum(High, Periods, 0);
Min_Low = ArrayMinimum(Low, Periods, 0);
if (( Max_High - Min_Low ) != 0 )
EMA = K_Val * (( vClose - Min_Low ) / ( Max_High - Min_Low)) + ( 1 - K_Val ) * Old_EMA;
else
EMA = Old_EMA;
AA = EMA * 100;
for ( Counter = Periods - 1; Counter > 0; Counter-- )
{
vAA[Counter] = vAA[Counter-1];
}
vAA[0] = AA;
for ( Counter = 0; Counter < Periods; Counter++ )
{
if ( Counter == 0 )
AA_Low = vAA[0];
if ( AA_High < vAA[Counter] )
AA_High = vAA[Counter];
if ( AA_Low > vAA[Counter] )
AA_Low = vAA[Counter];
}
if (( AA_High - AA_Low ) != 0 )
EMA1 = K_Val * (( AA - AA_Low ) / ( AA_High - AA_Low )) + ( 1 - K_Val ) * Old_EMA1;
else
EMA1 = Old_EMA1;
DSS[0] = EMA1 * 100;
EMA2[0] = K2_Val * DSS[0] + ( 1 - K2_Val ) * Old_EMA;
ExtMapBuffer1[i] = DSS[0];
ExtMapBuffer2[i] = EMA2[0];
i--;
}
return(0);
}
//+------------------------------------------------------------------+
It is just a Double Smoothed Stochastic
Thanks
EK
You are missing trading opportunities:
- Free trading apps
- Over 8,000 signals for copying
- Economic news for exploring financial markets
Registration
Log in
You agree to website policy and terms of use
If you do not have an account, please register
Does anyone have this Indicator coded in MT4?
Thanks for your Time
EK