Know Sure Thing (KST)

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Know Sure Thing (KST)

Postby Apprentice » Fri Mar 10, 2017 12:03 pm

EURUSD H1 (08-08-2016 0300).png

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:

kst.lua
(5.51 KiB) Downloaded 666 times


The indicator was revised and updated
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Apprentice
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Prings KST

Postby Apprentice » Fri Mar 10, 2017 12:20 pm

EURUSD H1 (08-08-2016 1130).png

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);
Prings KST.lua
(15.61 KiB) Downloaded 692 times
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Apprentice
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Posts: 28845
Joined: Thu Dec 31, 2009 11:59 am
Location: Zagreb, Croatia

Re: Know Sure Thing (KST)

Postby maryaeva » Sun Mar 12, 2017 12:30 pm

Thank you Apprentice for this KST with alert -
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