Indicator Description:
Although the formulas are different, theKnow Sure Thing (KST) is similar to that of the MACD. KTS was developed by Martin Pring to show the overall momentum of a financial instrument.
The KST is typically used to identify trade signals or to confirm trends. Buy signals are triggered when the KST crosses above the zero line, or above its signal line. The inverse is true for sell signals. If the KST stays above zero during an uptrend, it confirms the trend. The inverse is true for a downtrend. The KTS can also be used to locate divergence with price. If prices are making new highs, whereas the KST is not, it indicates a slowing price momentum. The inverse is true for making new lows.
ATS Technical Analysis Software
NT 8
Know Sure Thing (KST)
RISK DISCLOSURE:
Futures and forex trading contains substantial risk and is not for every investor. An investor could potentially lose all or more than the initial investment. Risk capital is money that can be lost without jeopardizing one's financial security or life style. Only risk capital should be used for trading and only those with sufficient risk capital should consider trading. Past performance is not necessarily indicative of future results.
HYPOTHETICAL PERFORMANCE DISCLAIMER:
Hypothetical performance results have many inherent limitations, some of which are described below. No representation is being made that any account will or is likely to achieve profits or losses similar to those shown; in fact, there are frequently sharp differences between hypothetical performance results and the actual results subsequently achieved by any particular trading program. One of the limitations of hypothetical performance results is that they are generally prepared with the benefit of hindsight. In addition, hypothetical trading does not involve financial risk, and no hypothetical trading record can completely account for the impact of financial risk of actual trading. For example, the ability to withstand losses or to adhere to a particular trading program in spite of trading losses are material points which can also adversely affect actual trading results. There are numerous other factors related to the markets in general or to the implementation of any specific trading program which cannot be fully accounted for in the preparation of hypothetical performance results and all which can adversely affect trading results.
ADDITIONAL DISCLAIMER:
Advanced Trading Signals, LLC, also known as www.AdvancedTradingSignals.com assumes no responsibility for your trading results. Past performance does not guarantee future performance and Advanced Trading Signals does not make any performance representations or guarantees. Any chart or trading demonstration produced by Advanced Trading Signals representing trades and using the ATS methods on the www.advancedtradingsignals.com website or in any advertisement, seminar, brochure, magazine or online demonstrations are to be considered hypothetical trades for educational purposes only. No trading system can guarantee profits. Hypothetical trading results can be unreliable.
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