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Chande QStick v1 - indicator for MetaTrader 4

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votes: 2
2008.11.13 07:30
2014.04.21 14:53

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.

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