KST Multi-TimeframeDeveloped by Martin Pring, Know Sure Thing (KST) is a momentum oscillator based on the smoothed rate-of-change for four different timeframes.
KST fluctuates above/below the zero line. At its most basic, momentum favors the bulls when KST is positive and the bears when KST is negative.
Even though there are many different signals possible with KST, the basic centerline and signal line crossovers are usually the most robust. Unlike RSI and the Stochastic Oscillator, KST does not have upper or lower limits. This makes it relatively ill-suited for overbought and oversold signals.
I added the possibility to add on the chart a 2nd timeframe for confirmation.
If you found this script useful, a tip is always welcome... :)
Индикатор "Знать наверняка" (KST)
MovROC (KST indicator) Backtes This indicator really is the KST indicator presented by Martin Pring.
the KST indicator is a weighted summed rate of change oscillator that
is designed to identify meaningful turns. Various smoothed rate of change
indicators can be combined to form different measurements of cycles.
You can change long to short in the Input Settings
WARNING:
- For purpose educate only
- This script to change bars colors.
MovROC (KST indicator) This indicator really is the KST indicator presented by Martin Pring.
the KST indicator is a weighted summed rate of change oscillator that
is designed to identify meaningful turns. Various smoothed rate of change
indicators can be combined to form different measurements of cycles.
WARNING:
This script to change bars colors.
GreenMood inchart KSTThreshold min / max as well as usual KST 0.41% settings (ROCx, SMA ) can be changed in format view.
MovROC (KST indicator) This indicator really is the KST indicator presented by Martin Pring.
the KST indicator is a weighted summed rate of change oscillator that
is designed to identify meaningful turns. Various smoothed rate of change
indicators can be combined to form different measurements of cycles.
