What Is The Qstick Indicator & How To Trade With It

QSTICK INDICATOR EXPLAINED

The Qstick indicator was developed by Tushar Chande and Stanley Kroll in their work “The New Technical Trader” (John Wiley & Sons, New York, 1994, 256 pages). Qstick is a momentum price oscillator, a simple moving average of the difference between the close price and the open price, fluctuating relative to the zero level. What is the Qstick indicator? Qstick analyzes the difference in closing and opening prices, like numerical expression of the “candlestick” method: When the current closing price is higher than the opening price of today, the buying pressure is fixed If the current closing price is less …READ MORE