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Know Sure Thing (KST)
Source: https://fxcodebase.com/code/viewtopic.php?f=17&t=64518
Forum: 17 · Topic 64518 · 3 post(s)
Know Sure Thing (KST)
Apprentice · Fri Mar 10, 2017 12:03 pm
The KST indicator was developed by Martin J. Pring. The name KST comes from “Know Sure Thing”. The KST is constructed by summing four smoothed rates of change. For more interpretation refer to Martin Pring’s article “Summed Rate of Change (KST)” in the September 92 issue of TASC.
The indicator formula is W = R1 + R2 + R3 + R4; KST = R1/W * MA(ROC(R1), M1) + R2/W * MA(ROC(R2), M2) + R3/W * MVA(ROC(R3), M3) + R4/W * MVA(ROC(R4), M4); SIGNAL = MA(KST, S)
Where: R1, R2, R3, R4, M1, M2, M3, M4, S and the moving average method are the indicator’s parameters.
The typical usage of the indicator is to long when signal line crosses the kst line down and to short when signal line crosses the kst line up.
Please read more: about usage: http://www.trending123.com/patterns/kno … lator.html about formula: http://www.incrediblecharts.com/indicators/kst.php
The default settings (MVA(ROC(9), 6), MVA(ROC(12), 6), MVA(ROC(18), 6), MVA(ROC(24), 6)) works well on long time frames, such as week and month:
The indicator was revised and updated
Prings KST
Apprentice · Fri Mar 10, 2017 12:20 pm
This version uses a slightly different formula. KST = 1* MA(ROC(R1), M1) + 2 * MA(ROC(R2), M2) + 3 * MVA(ROC(R3), M3) + 4 * MVA(ROC(R4), M4);
Re: Know Sure Thing (KST)
maryaeva · Sun Mar 12, 2017 12:30 pm
Thank you Apprentice for this KST with alert -