Dst is derived traditionally from 4 stations that are within 25 degree latitude. i.e kakioka, hermanus, san juan and honolulu. I need to find out how to derive the base line value Ho for these stations
You can see how the Dst is derived on the website International Service of Geomagnetic indices
A magnetic indice is the signature of a disturbance. To determine this disturbance as for example for K index of a given station, the regular variation of the the Earth's magnetic field of the station ( Sr) is withdrawn from the observation and the difference measures the disturbance and give the value of the index
After indices as Ap or Dst are defined by using the K index of particular stations