QQE of Velocity – multi time frame – indicator MetaTrader 5

September 8, 2024February 25, 2024 by

QQE (Quantitative Qualitative Estimation) is normally made using RSI (Relative Strength Index) as a “basic” indicator.

This version is using Velocity (smoother momentum) and it can help in determining trend. Also, it is already a standalone multi time frame indicator.

In this version timeframes supported are all the possible timeframes supported by MetaTrader 5 and it has 3 “special” timeframes:

Next higher timeframe: first higher timeframe compared to active chart.
Second higher timeframe: second higher timeframe compared to active chart.
Third higher timeframe: third higher timeframe compared to active chart.

QQE of Velocity – multi time frame – indicator MetaTrader 5

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Alternative: CFastFile - class for working with uchar array as a virtual file - library MetaTrader 5

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