Friday, February 07, 2014 12:12:34 PM
Developed by Martin Pring, Know Sure Thing (KST) is a momentum oscillator based on the smoothed rate-of-change for four different time frames. Pring referred to this indicator as the "Summed Rate of Change (KST)" in a 1992 article in Stocks & Commodities magazine. In short, KST measures price momentum for four different price cycles. It can be used just like any momentum oscillator. Chartists can look for divergences, overbought/oversold readings, signal line crossovers and centerline crossovers. Pring frequently applied trend lines to KST. Although trend line signals do not occur often, Pring notes that such breaks reinforce signal line crossovers.
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