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Indicators

QQE of Velocity - multi time frame - indicator for MetaTrader 5

Mladen Rakic | English Русский 中文 Español Deutsch 日本語 Português
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6232
Rating:
(19)
Published:
2018.08.24 10:47
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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.



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