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Lionel,
I tried it today buy plotting a 11 day value and then placing a 5 day
valued Qstick in the same window. I did this rather than use a
trigger. Seems as though this MAY have some promise as to
developing a good exit confirmation.
Steve Karnish's BB Oscillator above 94 has been a very good exit
indicator also.
Al Taglavore
From: "Lionel Issen" <lissen@xxxxxxxxxxxxxx>
> I tried Qstick on 2 stocks. As expected it produces a very jagged
> curve. I think that something like an macd provides better signals.
>
> The idea of Qstick is intuitively appealing. Perhaps the basic concept
> could be adapted to a more effective indicator. Lionel Issen
> lissen@xxxxxxxxxxxxxx ----- Original Message ----- From: "Dan Harels"
> <harelsdb@xxxxxxxxxxx> To: <metastock@xxxxxxxxxxxxx> Sent: Thursday,
> January 31, 2002 10:07 AM Subject: Re: momentum indicators, using also
> o-h-l
>
>
> >
> > Here is another idea....what about the moving average of the
> > difference between the close and the mid-point. Something like:
> >
> > mov((C-(H+L)/2),20, S)
> >
> > Just an idea. I haven't tried it.
> >
> > Dan
> >
> > >From: "Dan Harels" <harelsdb@xxxxxxxxxxx>
> > >Reply-To: metastock@xxxxxxxxxxxxx
> > >To: metastock@xxxxxxxxxxxxx
> > >Subject: Re: momentum indicators, using also o-h-l
> > >Date: Thu, 31 Jan 2002 06:09:07 +0000
> > >
> > >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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> > >
> >
> >
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>
>
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