Thanks in advance Herb.
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NinjaTrader
Double Stochastic Indicator
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I am looking for a NinjaScript implementation of the Walter Bressert Double Smooth Stochastics indicator as well, but cannot find it in the file sharing section. There is one post of a stochastics indicator, but I am not sure that this is the one I am looking for. Any idea?
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The one posted by Ray would be the Bressert type Double Stochastic.
Basically Blau created normal Stoch and then smoothes it two times with EMA, while Bressert reapplies the Stoch formula again before adding the final smoothing = easier to generate clearer overbought / oversold signals this way for cycle analysis and triggers.
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