The Bressert GreenLine is the fastest indicator in the Bressert Color Indicator group.
The Greenline is very responsive to price movement on the charts based on its 5 length input.
It moves between 0 and 100.
When the market is very bullish or bearish, you will often see the GreenLine move quickly to the buy or sell zones before most other indicators.
The entry trade is set on the turns, or when it reaches the value of 90 for the buy and value of 10 for the sell even though the BuyLine is set to 30 and SellLine is set to 70.
- DSTLen = 5 - input is set to 5, but you can change this input to be faster (lower) or slower (higher).
- BuyLine = 30
- SellLine = 70