For TradeStation

Chande says, "Qstick extracts the essence of the candlestick approach by taking a moving average of the daily difference between the closing and the opening price. ….It can be plotted over a candlestick chart to spot divergences. …..When markets make giant price moves, a slackening of the momentum can be seen when Qstick crosses its trailing average. ………A longer term, trend following approach with Qstick is to use the zero crossing of the Qstick values."