Monday, April 11, 2011

Martin Pring KST formula indicator

Martin Pring KST formula indicator
KST indicator was developed by Martin J. Pring. The name comes from KST "Know Sure thing." The KST is constructed by summing four flat rates of change. For more interpretation refer to Martin Pring's article "Summed Rate of Change (KST)", in September 1992 issue of TASC.

The following formulas are MetaStock formulas for the KST.

Daily KST simple moving average
(Mov (Roc (C, 10%), 10, M) * 1) + (Mov (Roc (C, 15%), 10, S) * 2) + (Mov (Roc (C, 20% ), 10, S) * 3) + (Mov (Roc (C, 30%), 15, S) * 4)
LONG-TERM MONTHLY KST SIMPLE moving average
((Mov (Roc (C, 9%), 6, S) * 1) + (Mov (Roc (C, 12%), 6, S) * 2) + (Mov (Roc (C, 18 ,%), 6, S) * 3) + (Mov (Roc (C, 24%), 9, S) * 4)) / 4
SECONDARY KST simple moving average
(Mov (Roc (C, 10%), 10, M) * 1) + (Mov (Roc (C, 13%), 13 C) * 2) + (Mov (Roc (C, 15% ), 15, S) * 3) + (Mov (Roc (C, 20%), 20, S) * 4)
SECONDARY KST exponential moving average
(Mov (Roc (C, 10%), 10, E) * 1) + (Mov (Roc (C, 13%), 13, E) * 2) + (Mov (Roc (C, 15% ), 15, E) * 3) + (Mov (Roc (C, 20%), 20, E) * 4)
LONG-TERM KST exponential moving average
(Mov (Roc (C, 39%), 26, E) * 1) + (Mov (Roc (C, 52%), 26, E) * 2) + (Mov (Roc (C, 78% ) 26, E) * 3) + (Mov (Roc (C, 109%), 39, E) * 4)
SHORT-TERM KST Weekly exponential moving average
(Mov (Roc (C, 3%), 3, E) * 1) + (Mov (Roc (C, 4%), 4, E) * 2) + (Mov (Roc (C, 6% ), 6, E) * 3) + (Mov (Roc (C, 10%), 8, E) * 4)

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