Q-Stick Indicator
The QStick can generate trade signals based on signal-line ( I prefer 50% of the first swing after trend reversal) or zero-line crossovers.
A descending QStick signals the price is closing lower than it opened, on average.
An increasing in QStick indicator signals the price is closing higher than it opened, on average.
A descending QStick signals the price is closing lower than it opened, on average.
An increasing in QStick indicator signals the price is closing higher than it opened, on average.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.