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<DIV><SPAN class=950090704-09102000><FONT face=Arial color=#0000ff size=2>
<DIV><FONT face=Arial><FONT color=#0000ff><FONT size=2><SPAN
class=950090704-09102000>Is this it, John?</SPAN></FONT></FONT></FONT></DIV>
<DIV><FONT face=Arial><FONT color=#0000ff><FONT
size=2></FONT></FONT></FONT> </DIV>from </FONT><A
href="http://www.tradesignals.com/indicators/#QSTK";><FONT face=Arial
size=2>http://www.tradesignals.com/indicators/#QSTK</FONT></A></SPAN><FONT
face=Arial><FONT color=#0000ff><FONT size=2><SPAN
class=950090704-09102000></SPAN>:</FONT></FONT></FONT></DIV>
<DIV><FONT face=Arial><FONT color=#0000ff><FONT
size=2></FONT></FONT></FONT> </DIV>
<DIV><FONT face=Arial><FONT color=#0000ff><FONT size=2>Qstick (QSTK)
</FONT></FONT></FONT></DIV>
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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<BR>
defined as a moving average of the difference between open and close
prices.</FONT></DIV>
<DIV> </DIV>
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size=2>
If a bars close is less than the open then the candle is black.</FONT></DIV>
<DIV> </DIV>
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If a bars close is greater than the open then the candle is black.</FONT></DIV>
<DIV> </DIV>
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Hence a cluster of black candle sticks is considered bearish and a cluster of
white candle sticks is considered bearish.</FONT></DIV>
<DIV> </DIV>
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The Qstick is the moving average of the Close - Open.</FONT></DIV>
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<DIV><FONT face=Arial color=#0000ff
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Thus negative Qstick values indicate a possible cluster of black candle sticks
(bearish) and positive Qstick values indicate a possible cluster of white
candle<BR>
sticks (bullish).</FONT></DIV>
<DIV> </DIV>
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Simply put, the Qstick may be used as a simple replacement or qualifier for
candle sticks.</FONT></DIV>
<DIV> </DIV>
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size=2>
Displays the volume and moving averages of the volume.</FONT></DIV>
<DIV><FONT face=Arial color=#0000ff size=2></FONT> </DIV>
<DIV><SPAN class=950090704-09102000><FONT face=Arial color=#0000ff
size=2>warmest regards,</FONT></SPAN></DIV>
<DIV><SPAN class=950090704-09102000><FONT face=Arial color=#0000ff
size=2>Kimberly</FONT></SPAN></DIV>
<DIV><SPAN class=950090704-09102000></SPAN> </DIV>
<BLOCKQUOTE
style="PADDING-LEFT: 5px; MARGIN-LEFT: 5px; BORDER-LEFT: #0000ff 2px solid">
<DIV class=OutlookMessageHeader dir=ltr align=left><FONT face=Tahoma
size=2>-----Original Message-----<BR><B>From:</B> James T. Baker
[mailto:rekabjim@xxxxxxxxxxxxx]<BR><B>Sent:</B> Sunday, October 08, 2000 8:49
PM<BR><B>To:</B> realtraders@xxxxxxxxxxx<BR><B>Subject:</B> Re: [RT] Trading
Methodologies<BR><BR></FONT></DIV>John:
<P>Can you direct me to a site where I can get informatoin on QSTK and how to
program it on one minute bar charts? <BR>James Baker
<P>John Cappello wrote:
<BLOCKQUOTE TYPE="CITE"><TT>To List:</TT>
<P><TT>I had been day trading a combination of crossing exponential
moving</TT> <BR><TT>averages with QSTK [linear interpretation of Japanese
candles] plus</TT> <BR><TT>Price Oscillater for further confirmation.Results
are great.</TT>
<P><TT>But last week with the added earned capital I took a look at
Donchian</TT> <BR><TT>Channels.Did very well and fewer things to watch.</TT>
<P><TT>All was done real time mostly with one minute bars on e-mini
Nasdaq</TT> <BR><TT>and S&P.</TT>
<P><TT>Purpose of post is to share this plus to hear the experience of
any</TT> <BR><TT>others with any or all of the above,particularly Donchian
Channels.</TT>
<P><TT>Sincerely,</TT>
<P><TT>John</TT>
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