“This indicator is derived from Bressert’s works in market cycles (Double Smooth Stochastic). It is converted from MT4 code and it is a part of a complete trading strategy of scalping, I certainly post on forums soon.”
ooh, it’s been a while since I post this indicator in the library. If I remember correctly it was about price mean reverting when using a 50 SMA with ATR bands:
Jump into trade, in the same direction as the moving average channel as soon as DSS is leaving the oversold or overbought territories.