Alpha 05 - Green Line


Alpha 05 - Green Line

The Alpha Green Line is Walter Bressert's Famous Double Stoch indicator. 

The default length is 4 bars, but Walter used 5 for this indicator; you can play around with the settings and see how it works. It is ONE OF THE VERY BEST!

The Green Line and Yellow Line are the same indicators; just the lengths are different. The Yellow line input is set to 8 lengths, but Walter used a 10; again, put in your own lengths
and see what works.


We took it 3 steps further to make the Green Line better than before. 

1. We averaged the original result by three and plotted the updated value to smooth the Green Line out.
2. We Added bars to the line to see the height of each new bar to determine the strength and weakness of each new bar.
3. We added cycle counts to each bar up and down.


1. We averaged the actual result by three and plotted the updated value to smooth the Green Line out.
2. We Added bars to the line to see the height of each new bar to determine the strength and weakness of each new bar.
3. We added cycle counts to each bar up and down.


Past performance is not necessarily indicative of future results.


Past performance is not necessarily indicative of future results..



Trading Tips using the Alpha Green Line Indicator -

Coming Soon


Inputs:




Futures, Options on Futures and Forex trading involves a substantial degree of risk of loss and is not suitable for all individuals. An investor could lose the entire investment or, in some cases, more than the initial investment. Past performance is not necessarily indicative of future results.