QQE of Parabolic Weighted Velocity – indicator MetaTrader 5

QQE of Parabolic Weighted Velocity - indicator for MetaTrader 5
QQE (Quantitative Qualitative Estimation) is normally made using RSI (Relative Strength Index) as a “basic” indicator. This version is using Parabolic Weighted Velocity and it can help in determining trend. Adjust the calculating period to your trading style: longer – to trend traders, shorter – for scalping. PS: this is a standalone indicator. It does … Read more

QQE of polychromatic momentum – indicator MetaTrader 5

QQE of polychromatic momentum - indicator for MetaTrader 5
QQE (Quantitative Qualitative Estimation) of polychromatic momentum The polychromatic momentum is a rather “fast” momentum indicator that is suitable for timely trend assessment. In this indicator it is, in order to avoid making it “too sensitive” possible to additionally smooth its value before it is used in the QQE calculation. That way the number of … Read more

QQE of Velocity – multi time frame – indicator MetaTrader 5

QQE of Velocity - multi time frame - indicator for MetaTrader 5
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 … Read more

DSL QQE histo – indicator MetaTrader 5

DSL QQE histo - indicator for MetaTrader 5
Basics: The QQE (Quantitative Qualitative Estimator) indicator consists of a smoothed Relative Strength Index (RSI) indicator and two volatility-based trailing levels (fast and slow). This version: Compared to the original QQE indicator, this version is adding: Discontinued signal line levels (to help further estimate the trend). Color changing histogram (based on those levels). This way … Read more

QQE of Rsi(oma) – indicator MetaTrader 5

QQE of Rsi(oma) - indicator for MetaTrader 5
Theory : QQE (Quantitative Qualitative Estimation) is usually calculated using RSI. This version is using Rsi(oma) (ESI Of Moving Average) instead and, as expected, the results are completely different than the original QQE. Seems to be usable in trading Usage : You can use color change as signals QQE of Rsi(oma) – indicator MetaTrader 5

QQE of Rsi(oma) – on chart – indicator MetaTrader 5

QQE of Rsi(oma) - on chart - indicator for MetaTrader 5
Theory : QQE (Quantitative Qualitative Estimation) is usually calculated using RSI. This version is using Rsi(oma) (RSI Of Moving Average) instead and, as expected, the results are completely different than the original QQE. Also, this version is drawn directly on chart, and even like this the results seem to be OK Usage : You can … Read more