Forex Wiki Trading > FX Ind > Chande QStick v1

Chande QStick v1

  • July 18, 2013
  • Posted by: Forex Wiki Team
  • Category: FX Ind
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Chande QStick v1 [ ru ]
Author: Scriptor (2008.11.13 08:30)
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Chande QStick v1 1
 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 2

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Author: Forex Wiki Team
We are a team of highly experienced Forex Traders [2000-2023] who are dedicated to living life on our own terms. Our primary objective is to attain financial independence and freedom, and we have pursued self-education and gained extensive experience in the Forex market as our means to achieve a self-sustainable lifestyle.
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