Is anybody using Qstick to measure trend strength ? A possible usage could be: A strong positve Qstick with price at MA could be a good buy setup(pullback), but I would add some more ingredients to the soup, like e.g. good relative strength to an index if you trade stocks. So far anybody using it ? Brgds, Sundog
If somebody does not know what Qstick is, google it. It is an indicator developed by Thushar Chande and really simple. It is actually a MA of the close - open.