The Know Sure Thing indicator (KST) is a momentum
based oscillator and is based on Rate of Change (ROC)
. Know Sure Thing takes four different time frames of ROC and smoothes them out using Simple Moving Averages. KST then calculates a final value that fluctuates between positive and negative values above and below a Zero Line. There is also a signal line which is an SMA of the KST line itself. Essentially, the Know Sure Thing Indicator measures the momentum of four separate price cycles. Technical Analysts use this information to spot divergences, overbought and oversold conditions and crossovers. The indicator is often used in combination with other signals.
Read more about the Know Sure Thing indicator
in TradingView wiki.