The QQE (Quantitative Qualitative Estimator) indicator consists of a smoothed Relative Strength Index (RSI) indicator and two volatility-based trailing levels (fast and slow).
The Fast Trailing Level (TL) and Slow TL are constructed by calculating the average range of the smoothed RSI over n-periods and then further smoothing the average range using an additional n-periods Wilders smoothing function. This smoothed average range of RSI is then multiplied by the Fast and Slow average range Multipliers to calculate the final Fast and Slow Trailing Levels.
MT5 Indicators – Download Instructions
QQE MT5 Indicator is a Metatrader 5 (MT5) indicator and the essence of this technical indicator is to transform the accumulated history data.
QQE MT5 Indicator provides for an opportunity to detect various peculiarities and patterns in price dynamics which are invisible to the naked eye.
Based on this information, traders can assume further price movement and adjust their strategy accordingly. Click here for MT5 Strategies
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How to install QQE MT5 Indicator.mq5 to your MetaTrader 5 Chart?
- Download QQE MT5 Indicator.mq5
- Copy QQE MT5 Indicator.mq5 to your Metatrader 5 Directory / experts / indicators /
- Start or restart your Metatrader 5 Client
- Select Chart and Timeframe where you want to test your mt5 indicator
- Search “Custom Indicators” in your Navigator mostly left in your Metatrader 5 Client
- Right click on QQE MT5 Indicator.mq5
- Attach to a chart
- Modify settings or press ok
- Indicator QQE MT5 Indicator.mq4 is available on your Chart
How to remove QQE MT5 Indicator.mq5 from your Metatrader 5 Chart?
- Select the Chart where is the Indicator running in your Metatrader 5 Client
- Right click into the Chart
- “Indicators list”
- Select the Indicator and delete
QQE MT5 Indicator (Free Download)
Click here below to download:
