OPEN-SOURCE SCRIPT
Updated KST Multi-Timeframe
Developed 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... :)
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... :)
Release Notes
You will be able now to use different settings between current time frame and the different time frame.Release Notes
Minor Update.Open-source script
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
For quick access on a chart, add this script to your favorites — learn more here.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Open-source script
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
For quick access on a chart, add this script to your favorites — learn more here.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.