Qstick (Pullback Setup)

S

Sundog

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.
 
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