Available translations

Qstick

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Summary: The Qstick indicator is a technical analysis indicator developed by Tushar Chande to numerically identify trends on a price chart.
Qstick on the Charts
From Investopedia: The Qstick is calculated by taking an -n- period moving average of the difference between the open and closing prices. A Qstick value greater than zero means that the majority of the last -n- periods have been up, indicating that buying pressure has been increasing.
Key Takeaways:
  • A rising indicator signals the price is closing higher than it opened, on average.
  • A falling QStick signals the price is closing lower than it opened, on average.
  • The QStick can generate trade signals based on signal-line or zero-line crossovers.
Products & Properties
The following properties are available to access:
Product Name Product Variable Properties
Qstick qstick value, hist
The lengths of the indicator's moving averages can be changed by locating and opening the Javascript Code under Data Building Procedure -> Procedure Loop under "Q Stick" Procedure Loop.
Example:
This indicator can be used to enter a trade when the value rises above the zero line:
 chart.at01hs.qstick.value > 0
Maintainer:
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