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Indicators

QQE of Rsi(oma) - indicator for MetaTrader 5

Mladen Rakic
Views:
7558
Rating:
(7)
Published:
2019.02.06 16:39
Download as ZIP, How to download code from MetaEditor
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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


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QQE of Rsi(oma) - on chart QQE of Rsi(oma) - on chart

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Hoop master 2 Hoop master 2

Working with pending Buy stop and Sell stop orders. Martingale.