• Technical Studies Reference
• Common Study Inputs (Opens a new page)
• Using Studies (Opens a new page)

This study calculates and displays the Q Stick study.

Let \(C\) and \(O\) be random variables denoting the Closing and Opening Prices, respectively, and let their respective values at Index \(i\) be \(C_i\) and \(O_i\). Let the Length Input be denoted as \(n\). Then we denote Q Stick at Index \(t\) for the given Input as \(QStick_t(n)\), and we compute it for \(t \geq n - 1\) as follows.

For an explanation of the Sigma (\(\Sigma\)) notation for summation, refer to our description here.