Qqe indicator trading system

QQE MetaTrader indicator — or Quantitative Qualitative Estimation, is based on a rather complex calculation of the smoothed RSI indicators. As a result we get 2 lines in a separate indicator window — fast and slow. There is also an important indicator level (50), which is used in signals. You can enable text, sound and e-mail alerts for this indicator. The indicator is available for both MT4 and MT5.
Input parameters:
SF (default = 5) — a smoothing factor. AlertLevel (default = 50) — indicator level for alerts. It's not recommended to change it. MsgAlerts (default = true) — if true, message alerts will appear. SoundAlerts (default = true) — if true, sound alerts will be used. SoundAlertFile (default = "alert. wav") — a file name of the sound of sound alert. Alerts (default = false) — if true, e-mail alerts will be sent according to the MetaTrader e-mail settings.
In the original QQE indicator trading system, the signals are generated when the blue line crosses level 50 and when it crosses the yellow (dotted) line. But I recommend using the following signals for trading: go long when the blue line crosses yellow line from below while both are below level 50; go short when the blue line crosses yellow line from above while both are above level 50.
Discussion:
Warning! If you do not know how to install this indicator, please read the MetaTrader Indicators Tutorial.
Do you have any suggestions or questions regarding this indicator? You can always discuss QQE with the other traders and MQL programmers on the indicators forums.

Simple Forex Trading Strategy With QQE Oscillator.
A simple basic trend following strategy anyone can learn to generate profits from forex trading. It’s made up of an exponential moving average and a custom built oscillator for trade entry.
Indicators: 100 Period Exponential Moving Average, QQE (oscillator)
Preferred time frame(s): 15 min and higher.
Trading sessions: any.
Preferred Currency pairs: any.
As shown in the EUR/USD chart above, this strategy generated 3 profitabele buy signals in the uptrend in the EUR/USD pair.
Price above the 100 EMA (uptrend) QQE crosses back above 50 line from below.
==> Open buy trade and place stop-loss below the most recent swing low level.
Price Target: Use risk-to-reward at least 1:2 (i. e. risking 50 pips to make 100), or any other profit taking method you feel more comfortable with.
Price below the 100 EMA (downtrend) QQE crosses back below 50 line from above.
==> Open sell trade and place stop-loss above the most recent swing high level.
Price Target: Use risk-to-reward at least 1:2 (i. e. risking 30 pips to make 60), or any other profit taking method you feel more comfortable with.
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Slow Moving Averages (SMA) Crossover Forex Strategy.
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Best Forex Trading Software – QQE MetaTrader Indicator and Basic Profitable Forex Trading System.
QQE MetaTrader indicator — or Quantitative Qualitative Estimation, is based on a rather complex calculation of the smoothed RSI indicators. As a result we get 2 lines in a separate indicator window — fast and slow.
There is also an important indicator level (50), which is used in signals. You can enable text, sound and e-mail alerts for this indicator. The indicator is available for both MT4 and MT5.
SF (default = 5) — a smoothing factor. AlertLevel (default = 50) — indicator level for alerts. It’s not recommended to change it. MsgAlerts (default = true) — if true, message alerts will appear. SoundAlerts (default = true) — if true, sound alerts will be used. SoundAlertFile (default = “alert. wav”) — a file name of the sound of sound alert. Alerts (default = false) — if true, e-mail alerts will be sent according to the MetaTrader e-mail settings.
In the original QQE indicator trading system, the signals are generated when the blue line crosses level 50 and when it crosses the yellow (dotted) line.
But I recommend using the following signals for trading: go long when the blue line crosses yellow line from below while both are below level 50; go short when the blue line crosses yellow line from above while both are above level 50.

QQE Metatrader 4 Indicator.
Try QQE Metatrader indicator in your mt4 platform. This is also known as QQE indicator. Read our tutorial on installing indicators below if you are not sure how to add this indicator into your trading platform.
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