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Published:

2018.08.06 17:03

QQE of parabolic weighted velocity.mq5 (12.44 KB) view

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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 not need any other indicator in order to work correctly.

QQE of Velocity

This version of QQE is using Velocity indicator to determine trend.

QQE of CCI

QQE (Quantitative Qualitative Estimation) using CCI (Commodity Channel Index) instead of RSI (Relative Strength Index) as a "basic" indicator.

ATR Trend Envelopes

Trend Envelopes indicator that uses ATR for the price change calculation.

STD Trend Envelopes

Trend Envelopes indicator that uses Standard Deviation for the price change calculation.

QQE of Parabolic Weighted Velocity - indicator for MetaTrader 5