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Dear Kimberly,
That's it!Most of the questions to this point can be answered at the
website Kimberly provides.Descriptions of many indicaters.For
Donchian in realtime I will dig out tomorrow for those interested.
I am hitting the sack and will answer the other questions that I am
able tomorrow.
Thanks for the feedback.
Sincerely,
John
------------------ Reply Separator --------------------
Originally From: "Kimberly" <kimberly@xxxxxxxxxx>
Subject: RE: [RT] Trading Methodologies
Date: 10/08/2000 09:08pm
Is this it, John?
from http://www.tradesignals.com/indicators/#QSTK:
Qstick (QSTK)
The Qstick was developed by Tushar Chande and
is
explained in "The New Technical Trader". It is a simple tool for
classifying
candle sticks and can be
defined as a moving average of the difference
between open and close prices.
If a bars close is less than the open then the
candle is black.
If a bars close is greater than the open then
the
candle is black.
Hence a cluster of black candle sticks is
considered
bearish and a cluster of white candle sticks is considered bearish.
The Qstick is the moving average of the
Close -
Open.
Thus negative Qstick values indicate a
possible
cluster of black candle sticks (bearish) and positive Qstick values
indicate
a possible cluster of white candle
sticks (bullish).
Simply put, the Qstick may be used as a simple
replacement or qualifier for candle sticks.
Displays the volume and moving averages of the
volume.
warmest regards,
Kimberly
-----Original Message-----
From: James T. Baker [mailto:rekabjim@xxxxxxxxxxxxx]
Sent: Sunday, October 08, 2000 8:49 PM
To: realtraders@xxxxxxxxxxx
Subject: Re: [RT] Trading Methodologies
John:
Can you direct me to a site where I can get informatoin on QSTK and
how to
program it on one minute bar charts?
James Baker
John Cappello wrote:
To List:
I had been day trading a combination of crossing exponential
moving
averages with QSTK [linear interpretation of Japanese candles]
plus
Price Oscillater for further confirmation.Results are great.
But last week with the added earned capital I took a look at
Donchian
Channels.Did very well and fewer things to watch.
All was done real time mostly with one minute bars on e-mini
Nasdaq
and S&P.
Purpose of post is to share this plus to hear the experience of
any
others with any or all of the above,particularly Donchian
Channels.
Sincerely,
John
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