References : Investopedia (https://www.investopedia.com/terms/k/kno... )
Let's start :
KST : Above point 0 means long position (positive zone), below point 0 (negative zone) means short position.
I liked this indicator more than because we can evaluate the breaking points of the channels we draw on the indicator according to the regions.
Plus area (positive area), breaking the channel upwards may indicate a very strong rise, and minus area (negative area) the channel downwards may indicate a very strong fall.
As a person who is very keen to identify major trends in advance, I like the KST indicator to approach the target quickly and simply. I also find it very successful in terms of divergences.
CAUTION : This indicator has been written before many times on TV. I have no effort on it. I saved loads only for variable periods. But I have enough experience to say that you are successful in trends with KST . Nevertheless, do not use it alone, as other promoters may benefit.
For example , I divided the standard periods into 4 as in the script. With a correct adaptive period, it has the potential to contribute greatly to accurate moves! You can use with mutable variable periods. Abundant can be drawn on the indicator and divergences between price and indicator can be sought. Best regards!
It will likely be released as a new script.
Under Construction ⏸