ChandeQStick – indicator MetaTrader 5

Fig. 1. The ChandeQStick indicator
Real author: TrendLaboratory Ltd The QStick indicator is a simple n-period moving average of the price difference. QStick = SMA(Period, (Close – Open)) QStick can be used as a simple replacement of candlesticks. Positive values ​​of QStick indicate a prevalence of “white” candlesticks in the n-period interval, while negative values ​​indicate a prevalence of “black” … Read more