Know Sure Thing (KST)

The Know Sure Thing aka KST

Although the formulas are different, the Know 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.

Indicator Description

The Know Sure Thing indicator (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.

The Know Sure Thing indicator is best used when aligned with a higher timeframe trend / momentum bias. You may also increase the probability of successful trades by “buying support and selling resistance”. For additional information, please review the Daily Regression Channel, the Moving Average Wave and the Tillson T3. You may also want to review our Indicator Spotlights on the Traders Dynamic Index, the Ichimoku Kinko Hyo, Daily Pivot Levels and Fibonacci Retracement Lines.

Other library momentum oscillators

Other than the KTS indicator, our standard momentum oscillators category feature a number of other entries, such as the Acceleration Deceleration and the standard Stochastics. We also have a category for advanced oscillators, with among others the Projection Oscillator and the SVE Stochastics ITF. These tools build on the same concept as the standard momentum oscillators, but with a higher degree of sophistication. In general, they allow for added value approaches, utilizing a set of more complex algorithms.

The Know Sure Thing indicator is available for NinjaTrader 8.