- July 18, 2013
- Posted by: Forex Wiki Team
- Category: FX Ind
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Author: | Scriptor (2008.11.13 08:30) | ||
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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. |