Chart
2 - Template 2 - DBS5 Oscillator With Mechanical Buy/Sell Signals
The Bressert DoubleStoc5 tends to show the smaller cycles and generates
Buy and Sell Signals that are up to 90% accurate for the shorter-term
cycles. It also interacts with the DoubleStoc10 to form Buy and Sell Patterns
Buy
and Sell Patterns
The DBS5
also generates a Mechanical Buy Signal.
The Buy Signal
is --
- A drop
below 10
-
followed
by an upturn to generate a Buy Setup (shown by the dashed green up-spikes).
- Place
a Buy Stop to go long above the high of the Buy Setup Bar (above the
vertical green line).
The Sell
Signal is --
- A rise
above 90
-
followed by a downturn to generate a Sell Setup (shown by the dashed
red down- spikes).
- Place
a Sell Stop to go short below the Sell Setup Bar (above the vertical
red line).
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