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Re: momentum indicators, using also o-h-l



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Check your Metastock Manual for interpretation of Qstick.  It has about a 
page of discussion.  The manual says that Qstick is the moving average of 
the difference between the open and close.


>From: rudolf stricker <lists@xxxxxxxxxxx>
>Reply-To: metastock@xxxxxxxxxxxxx
>To: metastock@xxxxxxxxxxxxx
>Subject: Re: momentum indicators, using also o-h-l
>Date: Wed, 30 Jan 2002 18:41:13 +0100
>
>On Tue, 29 Jan 2002 20:24:32 +0000, you wrote:
>
> >Chande and Kroll present Qstick in their book "The new Technical Trader.  
>It
> >is an oscillator that takes candlestick information (O-H-L-C) and turns 
>it
> >into an oscillator that reflects shifts in intraday momentum.  Their 
>theory
> >is that shifts in intraday momentum show up before shifts in intraday
> >momentum. I don't have the formula handy, but can post it later if 
>someone
> >else doesn't respond.
> >
>Thanks to all for the hints. - Are the formulas used in this Qstick
>indicator available somewhere? (No matter, if MS formula language, C,
>VBA or Fortran).
>
>mfg rudolf stricker
>| Disclaimer: The views of this user are strictly his own.


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