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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.
more about japanese candlestick
Friday, 21 November 2008
Chande QStick v1
Posted by mybussiness at 01:00
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