The Chande Forecast Oscillator developed by Tushar Chande The Forecast
Oscillator plots the percentage difference between the closing price and
the n-period linear regression forecasted price. The oscillator is above
zero when the forecast price is greater than the closing price and less
than zero if it is below.
A technical indicator developed by Tushar Chande to numerically identify
trends in candlestick charting. It is calculated by taking an 'n' period
moving average of the difference between the open and closing prices. A
Qstick value greater than zero means that the majority of the last 'n' days
have been up, indicating that buying pressure has been increasing....
