QQE MetaTrader indicator — or Quantitative Qualitative Estimation, is based on a rather complex calculation of the smoothed RSI indicators.As a result we get 2 lines in a separate indicator window — fast and slow. There is also an important indicator level (50), which is used in signals. QQE Metatrader 4 Forex Indicator. QQE is short for Qualitative Quantitative Estimation and represents a Metatrader 4 forex indicator that uses the smoothed Moving Average of Relative Strength Index indicator. It’s an oscillator that tries to find discrepancies in which price forms a new maximum while overcoming the level of its previous maximum. The QQE indicator also uses the ATR (Average ... QQE indicator: general theory. If we look at the following chart, we can immediately see the similarities between today's "experimental" and the classic RSI. The fact is that QQE indicator is based on the relative strength index, but uses a smoothing technique as an additional transformation. QQE New Indicator represents an updated version of the popular indicator of quantitative and qualitative evaluation of the results of trading on the currency market QQE, which is also based on the testimony of the smoothed standard indicator RSI. In indicator QQE New added to signal arrows indicating the signals at a long entry (green arrow) and a short entry (red arrow). The #1 Forex Forum for Coders & Analysts. Expand your MetaTrader platform with our advanced, non-repainting MT4/MT5 Indicators, Strategies & EA's, today. A kind of a short description for start : The origin of the Quantitative Qualitative Estimation (QQE) indicator is currently unknown.The QQE indicator consi… Logout; Register; New posts; Unanswered topics; Active topics; Thanks list ... Another great point to make is that the QQE indicator that I am using has a built-in alert system which offers everything I wanted for the Correl8, i.e. painted arrows, screen pop up, sound, email and push notifications. I am forward-testing both the short and longer term strategies on AUDUSD, EURUSD, GBPUSD and NZDUSD this week, and will post results over the weekend. Please note that this ... Table of Contents. 1 QQE Indicator Based Scalping or Day Trading Strategy. 1.1 The QQE Indicator Advantage; 1.2 The 100 Exponential Moving Average (EMA) Filter; 1.3 The Long Setup – Entries & Stop Losses; 1.4 The Short Setup – Entries & Stop Losses; 1.5 1:1 Risk Reward Take Profit; 1.6 QQE Indicator Based Exit; 1.7 Conclusion. 1.7.1 Forex Trading Systems Installation Instructions
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