cool...I see the light!:)
So I thought how to explain how it can be used for flat markets too, but, luckily we all are on net and found one nice quote :
RSI as a Flat Market Indicator - The RSI (Relative Strength Indicator) is often used to identify when a particular instrument has become overbought or oversold. In general, it is also used to indicate when an instrument has moved in one direction too quickly and is due for a correction.
By default, the RSI indicator ranges from 0 to 100 and is drawn using the trading data from the last 14 periods (if the default settings are used). An instrument is said to be overbought and due for a pull back once the RSI approaches the 70 level, likewise, if the RSI reaches the 30 level and beyond it is said to be oversold.
If, however, the indicator is failing to reach the overbought (70) or oversold (30) levels, this is an indication that the market may be consolidating or is flat. However, this is not always the case, especially when the market is slowly trending in one direction without making big moves.
the source of that quote is from here : Explaining Forex and Flat Market Indicator - Understanding RSI and CCI Technical Indicators
Rapid QQE mtf ...
Posted the multi time frame version of rapid QQE here : https://www.mql5.com/en/forum/173574/page277
Is it possible for you to add MTF option in it
Agreed 100% with ND, today is 'QQE day' (at least for me)
I have no words to say anything except this :
You are the BEST
Pls provide an on screen arrow version without subwindow please
Can u please provide an arrow version on main chart window without sub window and make it mtf if possible .
Thanks in advance
any histogram possibilities
Can u convert this into histogram if possible sorry for the trouble.
This is the histo version.
Thank you so much Mrtools That was really helpful and quick.
Hi Mr. Tools,
Thank you for the alert, is there a way to have the qqe crossing the 50 level alert like in the other version of QQE?
Don't think so, all 8 buffers are used up, but will see if there is a way to eliminate a couple.
On Chart version - rapid QQE
Mladen, Mrtools and all Coders guru
Is it possible to convert this indicator for 'on chart' !