is is possible to create an indicator kst ( know sure thing) based from martin pring

The formula box below shows the four different combinations with their default settings. These combinations are then weighted and summed. The shortest time frame carries the least weight (1) and the longest time frame carries the most weight (4). A 9-period simple moving average is added as a signal line.


RCMA1 = 10-Period SMA of 10-Period Rate-of-Change
RCMA2 = 10-Period SMA of 15-Period Rate-of-Change
RCMA3 = 10-Period SMA of 20-Period Rate-of-Change
RCMA4 = 15-Period SMA of 30-Period Rate-of-Change

KST = (RCMA1 x 1) + (RCMA2 x 2) + (RCMA3 x 3) + (RCMA4 x 4)

Signal Line = 9-period SMA of KST

thanks

If you still need it by early July, we'll include KST in upcoming release of Community Indicators library. At least you'll have some time to digest the other 3 indicator requests from today. ;)

thanks

Stumbled onto this post. To all users of KST out there:

1. It turns out that Wealth-Lab has always had a KST in Standard Indicators but the built-in version uses an EMA internally for some reason. The traditional approach (included in Community Indicators later) is to use an SMA. We believe this is correct so we'll keep both versions.

2. To resolve an issue preventing from using the KST in Index-Lab by virtue of having the two synonymous indicators, the C.Indicators version is renamed to PringKST starting from v2019.10 of the library. This is a breaking change. Please adjust your Strategy code if it uses the KST from C.Indicators.