QStick

Description

The QStick study is a candlestick indicator calculating a moving average of the difference between the Open and the Close of a security.

Negative values of the QStick study suggest a bearish trend, while positive values indicate a bullish trend. An extremely low QStick value with further reversal indicates a Buy signal, conversely, an extremely high QStick value followed by the reversal suggests a Sell signal.

Input Parameters

Parameter Description
length The number of bars used to calculate the indicator.

Plots

Plot Description
QStick The QStick indicator.
ZeroLine Zero level.

Example*

*For illustrative purposes only. Not a recommendation of a specific security or investment strategy.

  Past performance is no guarantee of future performance.