QStick Indicator

The QStick indicator is a moving average of the difference between stock close and open. An exponential moving average of the QStick is used as a signal line.

QStick indicator

The QStick indicator is a moving average of the difference between stock close and open.

 

QStick Indicator Formula

QStick Indicator formula: SMA(Close - Open, n)

Application of QStick Indicator

An exponential moving average of the QStick Indicator is used as a signal line. When the QStick Indicator moves above its signal line then it is recommended to buy the security. When the QStick Indicator crosses below its signal line then it is recommended to sell the security.

Price chart with QStick indicator plotted below

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