- QQE
Qualitative Quantitative Estimation (QQE) is a smoothed RSI.
Trailing stop is a smoothed ATR multiplied by a factor of 2.618 or, and 4.236,
ATR indicator is based on the EMA of RSI.
QQE trading signals.
Crossovers RSI /Trailing stop Crossover
Overbought/Oversold Level are 30 and 70
DivergenceBullish Divergence - LongLower lows in price and higher lows in the QQE.
Bearish Divergence - ShortHigher highs in price and lower highs in the QQE.
- QQE.lua
- QQE
- (5.82 KiB) Downloaded 4523 times
Averages indicator can be found here.
viewtopic.php?f=17&t=2430MQ4/MT4 version
viewtopic.php?f=38&t=63956&p=108514#p108514