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Qstick IndicatorThe Qstick indicator was developed by Tushar Chande. Qstick provides a way to quantify candlesticks. The distance between the open and close prices lies at the heart of candlestick charting. For those unfamiliar with candlestick charting, the body of a candlestick is black if today’s close is less than the open; it is white if today’s close is greater than the open. A majority of white candlesticks over a specified range is considered bullish. Whereas a majority of black candlesticks over a specified range is considered bearish. The Qstick indicator is simply a moving average of the difference between open and close prices. Syntax:Public Function QstickIndicator(ByVal HLOCV()() As Double, ByVal Lag As Long, ByVal Method As axltaMovingAverageType) As Double Parameters:
Example:
Dim TA4Net As New TA4Net.CTAFunctions("YOUR-REGISTRATION-CODE") Dim Result() As Double Dim HLOCV(,) As Double
' loading values to array HLOCV = GetHLOCVValues() ' calculating Technical Analysis function Result = TA4Net.QstickIndicator(HLOCV, 14, TA4Net.axltaMovingAverageType.axltaMovExponential)
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