BullCharts discussion: Q-Stick

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Q-Stick

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Category: BullCharts
Forum Name: BullCharts discussion
Forum Discription: General discussion about getting started with BullCharts and exploring its features.
URL: http://www.bullcharts.com.au/forum/forum_posts.asp?TID=11
Printed Date: 05 Apr 2025 at 1:52am
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Topic: Q-Stick

Posted By: southerncross
Subject: Q-Stick
Date Posted: 15 Sep 2004 at 11:30am

As I like candle stick charting I am trying different values on the Q Stick momentum indicator. Currently trying 13 as opposed to the preset 24. Anyone else tried different values or even uses Q Stick?

Replies:

Posted By: SimonSavva
Date Posted: 15 Sep 2004 at 11:51am

Hi SC

I've tried Q-Stix on forex data and think they are a very interesting idea. Is that the candle like OHLC representation with the dot in the middle somewhere that shows a likely pivot point?

If so, then, er, where are they in bc?? Are we talking the same thing here?

Simon

Posted By: southerncross
Date Posted: 15 Sep 2004 at 12:47pm

They are interesting aren't they. Do you have the right Q Stick! The one I use is a momemtum line that passes across 0 depending on the market movement. It is found in Insert-Indicaters-momentum- Qstick.

Posted By: Seahorse
Date Posted: 15 Sep 2004 at 1:40pm

Q Stick

I just found this on the net..it may be of interest..........

Tushar Chande says, "Qstick extracts the essence of the candlestick approach by taking a moving average of the difference between the closing and the opening price. �It can be plotted over a candlestick chart to spot divergences. �When markets make giant price moves, a slackening of the momentum can be seen when Qstick crosses its trailing average. ��A longer term, trend following approach with Qstick is to use the zero crossing of the Qstick values."

Posted By: SimonSavva
Date Posted: 25 Sep 2004 at 11:27am

Sounds interesting - will have a fruther look.

Ahhh, no this is not what I was thinking of initially. Hmmm......does this work?

Posted By: SimonSavva
Date Posted: 26 Sep 2004 at 9:19pm

Without offending, can't make head nor tail of this.