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



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On Thu, 31 Jan 2002 06:09:07 +0000, you wrote:

>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.

So Qstick seemingly is rather a trend indicator than a momentum
indicator, (which I'm looking for, see the subject).
Maybe, I should start with a given momentum indicator e.g. Chande's
"Dynamic Momentum Index", and integrate o-h-l in an appropriate manner
into it...

Is the formula for the DMI available somewhere? 

mfg rudolf stricker
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