The CycleTraderPro Orange Line - Bressert DDS - DoubleStoch - My father, Walter Bressert made these DDS famous for years.
They work with code from stochastic and then smooths them out one more time using just 1 line.
Depending on the length of the indicators, longer being for more trends and shorter for scalping the markets, the Orange Line is a 100 length.
There are 2 ways to trade the Orange Line:
1. Trade above and below the 50 level in the same direction. Above is a buy, below...
The CycleTraderPro Power Play Indicator (PPI) - is one of our favorite indicators. We take all the CT Indicators and combine them into one indicator.
The entire selection of indicators come with On/Off functions which means you can pick your own mix of indicators and only plot this mix.
We take an average of the mix chosen. When selecting 5 indicators, PPI will divide the mix values by 5.
We then plot a cycle count for the direction of each move to help time you entry and exit...
The CycleTraderPro Close Strength Value Indicator measures the distance from the OPEN of a new bar to the CLOSE of that bar.
length = 10 default
We add these values together going back the the length setting.
If the 1st bar was plus 10 ticks and then the next bar was minus 7 ticks, then this would register +3
There are 2 ways to trade Close Strength Value:
1. Trading in the direction of lower highs and lower lows and vice versa for buys, higher highs, and higher lows. ...
The CycleTraderPro Open/High/Low/Medium OHL takes the low and the high of the day and plots these values:
1. High of the day (Red Line)
2. Low of the day (Blue Line)
3. 25% from the low (Gray Line)
4. 50% of the range (Orange Line)
5. 75% from the low (Gray Line)
We look to be long above the 50% range and short below
You can easily see these levels as the market moves. If the market makes a new low or high, all the values will move automatically with the market's day.
The CycleTraderPro Tick Momentum measures the number of ticks the market moves in the direction of consecutive closes.
When the market makes a close above its over, it will start to count in the direction how many ticks it moved.
If the next bar is in the moves and closes in the same direction, the Tick Momentum will continue to count up until the market closes below it's open. It will then start to count down in that direction.
You can see these moves in a detrend fashion with the zero...
CycleTraderPro CycleWave Indicator is 9 indicators in 1.
It uses the CycleTraderPro Indicators and Patterns to identify Cycles and more in real time.
✅ The 9 parts of CycleWave:
Plots Cycle Bands and confirm Cycle High / Lows in real time after each successful cycle high or low.Plots Cycle Wave Price Windows above and below each bar using a modified % range of the previous bar.Automatically plots the Fibonacci Retracement from cycle low and highs after each cycle.Automatically plots...