Indicators: QQE Histo

 

QQE Histo:

The QQE (Quantitative Qualitative Estimator) indicator consists of a smoothed Relative Strength Index (RSI) indicator and two volatility-based trailing levels (fast and slow).

Compared to the original QQE indicator, this version is adding:

  • Fixed levels (to help further estimate the trend).
  • Color changing histogram (based on those levels).

This way we have more information available to analyze.

Author: Mladen Rakic

Reason: