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Tushar

Qstick IndicatorThis indicator idea comes from Tushar Chande called Qstick. Technical indicators quantify trend direction and strength in different ways. One way is to use the difference between close and open for each bar and to sum it up over a period of time. The formual is: Qstick (period ) = Average ((close-open ), period ) In this indicator, we can choose how to calculate body by two famous chart types. The first and default indicator settings are based on Heiken Ashi chart, and the second is based on the Candlesticks chart. If the resulting value is positive, the trend is considered up and shows with the blue color; otherwise, the trend is considered down it shows with red color. When Qstick value is greater than zero means that the majority of the last 'n' days(the default value is 8) have been up, indicating that buying pressure has been increasing. Vice versa, when Qstick value is lower than zero means that the majority of the last 'n' days have been down, indicating that selling pressure has been increasing. Crossing Qstick above Level Zero is used as bullish bias (long entry signal) because it is indicating that buying pressure is increasing, while bearish bias (short entry signal) comes from the indicator crossing down through zero. This indicator can be part of trading systems and we can use it to confirm our signals. Also, We can active Alert checkpoint to show cross points and activate Alerts.
Wskaźnik Pine Script™
od arndav
Ehlers Variable Index Dynamic Average [CC]The Variable Index Dynamic Average was created by Tushar Chande and this is a variation of that original formula created by John Ehlers. As you can see I have included the default Vidya from a script by @everget and as you can see the Ehlers version is able to follow the price much closer. I have included strong buy and sell signals in addition to normal ones and so darker colors are strong signals and lighter colors are normal ones. Buy when the line turns green and sell when it turns red. Let me know if there are any other scripts you would like to see me publish!
Wskaźnik Pine Script™
od cheatcountry
3
Qstick Indicator Strategy A technical indicator developed by Tushar Chande to numerically identify trends in candlestick charting. It is calculated by taking an 'n' period moving average of the difference between the open and closing prices. A Qstick value greater than zero means that the majority of the last 'n' days have been up, indicating that buying pressure has been increasing. Transaction signals come from when the Qstick indicator crosses through the zero line. Crossing above zero is used as the entry signal because it is indicating that buying pressure is increasing, while sell signals come from the indicator crossing down through zero. In addition, an 'n' period moving average of the Qstick values can be drawn to act as a signal line. Transaction signals are then generated when the Qstick value crosses through the trigger line. WARNING: - This script to change bars colors.
Wskaźnik Pine Script™
od HPotter
Qstick IndicatorA technical indicator developed by Tushar Chande to numerically identify trends in candlestick charting. It is calculated by taking an 'n' period moving average of the difference between the open and closing prices. A Qstick value greater than zero means that the majority of the last 'n' days have been up, indicating that buying pressure has been increasing. Transaction signals come from when the Qstick indicator crosses through the zero line. Crossing above zero is used as the entry signal because it is indicating that buying pressure is increasing, while sell signals come from the indicator crossing down through zero. In addition, an 'n' period moving average of the Qstick values can be drawn to act as a signal line. Transaction signals are then generated when the Qstick value crosses through the trigger line.
Wskaźnik Pine Script™
od HPotter
3