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Bressert BlueLine20 Momentum Line

The new Bressert BlueLine20 Momentum was designed to look at the market longer term. You can buy or sell the market at the buy and sell lines, or use the mid level to buy or sell and hold. We used the original math from the old stochastic and modified the math to one line we call the Bressert Blue Line.


Inputs

  • DSTLen=20
  • BuyLine=20
  • SellLine=80

The DSTlen is the number of bars it uses to calculate the formula. The longer term you use, the smoother the signal.

THe BuyLine and SellLine are visual lines to see when the indicator reaches these levels.

This is part of all the Bressert set of Indicators. I would suggest to download the free copies or demos from this site.

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