FXCodeBase.COM: Forex Chart Indicators and Development

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

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);

Thank you Apprentice for this KST with alert -