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Chande QStick v1

by Dr.Hamdi Boukamcha
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Chande QStick v1 [ ru ]
Author: Scriptor (2008.11.13 08:30)
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Chande QStick v1    ChandeQStik_v1.mq4 (3.0 Kb) View
Author: igorad

Indicator QStick represents a simple n-period moving average for the difference of the close and open prices.

QStick = MA(n, (Close – Open)),

QStick can be used as a simple substitution or as the candlesticks determinant. The positive values of QStick denote the domination of the “white” candlesticks in the n-period interval, and the negative values of QStick denote the domination of the “black” candlesticks.

Chande QStick v1

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