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CycleTraderPro Orange Line

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 is a sell and hold.

2. Trade the on cross overs. Wait for it to first drop below 20, then cross back above 2o for a buy. Or, above 80, then back below 80 line for a sell. 

We recommend to follow these directions with other indicators and use stops. 

Try out a demo and see how it can work for you. 

Inputs:

1. Length set to 100 as default

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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 point be
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. You can adjust these le
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 plans. Red is do
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