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Is there a scan for the Medium Term KST?

Martin Pring describes a short term KST ( the usual KST ), a medium term KST and a long term KST. The medium term KST uses the parameters (10,13,15,20,10,13,15,20,9). When we use the Advanced Scan Workbench technical indicators and select the KST, it inputs the short term KST with the parameters (10,15,20.30,10,10,10,15,9).

Can we do a scan using the medium term KST, with the above parameters?



  • It's not documented that you can do this, but it seems to get accurate results:

    [group is SP500]
    and [weekly KST(10,13,15,20,10,13,15,20,9 ) > 0.0]

    When you select KST from the Indicator drop down on the advanced scan workbench, it does not show the parens or the parameters, which would seem to mean you can't select your own parameters. But if you put "weekly" in front of KST, and copy and paste the weekly (medium term) parameters, with parens, from the Chart School page for KST after it, it seems to work.

    If you just put "weekly" in front of KST, it seems to use the default daily parameters.

    You can check the results by putting up a weekly chart, add KST, delete the default parameters and copy in the medium term parameters again (without the parens).

  • WOW! Thank YOU, markd!

    You make us guys SUPER HAPPY!

    Enjoy Your Day!!!
  • From the Chart School


    Short-term Daily = KST(10,15,20,30,10,10,10,15,9)
    Medium-term Weekly = KST(10,13,15,20,10,13,15,20,9)
    Long-term Monthly = KST(9,12,18,24,6,6,6,9,9)

    As noted in Pring's articles, KST can be used on a short-term, medium-term or long-term timeframe. Instead of just shifting between daily, weekly and monthly charts, Pring suggested changing the settings to suit each timeframe. KST is even smoother when using the weekly and monthly settings. This means chartists should use signal line crossovers to detect directional changes in price. The lag for centerline crossovers is often too great. The table below shows the rate-of-change settings and moving average settings for the short-term, medium-term and long-term studies.
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