QQE MT4 V2 Trading Guide

The QQE MT4 V2 is a quantitative technical analysis tool. QQE_MT4_V2 Premium custom indicator based on QQE MT4. Enhancements:

What does the indicator show?

• Market Structure & Momentum: Visualizes prevailing trend directions and key reversal zones.
• BUY / SELL Signals: Highlights confirmed entry and exit opportunities based on quantitative rules.
• Dynamic Boundaries: Provides adaptive levels for managing trade risk and reward expectations.

Key Settings

• Laguerre Gamma (gamma): Controls the calculation period and sensitivity for market detection.
• ALMA Length (almaLength): Controls the calculation period and sensitivity for market detection.
• ALMA Offset (almaOffset): Controls the calculation period and sensitivity for market detection.
• ALMA Sigma (almaSigma): Controls the calculation period and sensitivity for market detection.
• Fast QQE Factor (qqeFactor): Controls the calculation period and sensitivity for market detection.
• Threshold (threshold): Controls the calculation period and sensitivity for market detection.
• Volatility Period (volatilityPeriod): Controls the calculation period and sensitivity for market detection.
• QQE Factor Mode (0:Static, 1:ADX, 2:CHOP) (qqeFactorMode): Controls the calculation period and sensitivity for market detection.
• Regime Filter (0:Off, 1:ADX, 2:CHOP, 3:Both) (regimeFilterMode): Controls the calculation period and sensitivity for market detection.
• ADX Sideways Threshold (adxThreshold): Controls the calculation period and sensitivity for market detection.
• CHOP Sideways Threshold (chopThreshold): Controls the calculation period and sensitivity for market detection.
• Show Divergence (0:No, 1:Yes) (showDivergence): Controls the calculation period and sensitivity for market detection.
• QQE Line (qqeLine): Controls the calculation period and sensitivity for market detection.
• Signal Line (signalLine): Controls the calculation period and sensitivity for market detection.
• Histogram (hist): Controls the calculation period and sensitivity for market detection.
• Regime Filter (regime): Controls the calculation period and sensitivity for market detection.
• Hist Bull (_histAboveTh): Controls the calculation period and sensitivity for market detection.
• Hist Bear (_histBelowTh): Controls the calculation period and sensitivity for market detection.
• Hist Mid (_histInChannel): Controls the calculation period and sensitivity for market detection.
• QQE Line (qqeLine): Controls the calculation period and sensitivity for market detection.
• Signal Line (signalLine): Controls the calculation period and sensitivity for market detection.
• Histogram (Oscillator) (hist): Controls the calculation period and sensitivity for market detection.
• Regime (1:Bull, -1:Bear, 0:Sideways) (regime): Controls the calculation period and sensitivity for market detection.
• Above Threshold (_histAboveTh): Controls the calculation period and sensitivity for market detection.
• Below Threshold (_histBelowTh): Controls the calculation period and sensitivity for market detection.
• Inside Channel (_histInChannel): Controls the calculation period and sensitivity for market detection.

How to use Strategy Parameters (Condition Source)

Within the Strategy Tester module, this indicator can be used both as a direct signal source and as a market-state filter.

1. Signal Events

• _histAboveTh - Hist Bull event signal.
• _histBelowTh - Hist Bear event signal.
• _histInChannel - Hist Mid event signal.
• _histAboveTh - Above Threshold event signal.
• _histBelowTh - Below Threshold event signal.
• _histInChannel - Inside Channel event signal.

2. Filters and Trade Levels

• gamma - Laguerre Gamma value used for structural qualification or thresholds.
• almaLength - ALMA Length value used for structural qualification or thresholds.
• almaOffset - ALMA Offset value used for structural qualification or thresholds.
• almaSigma - ALMA Sigma value used for structural qualification or thresholds.
• qqeFactor - Fast QQE Factor value used for structural qualification or thresholds.
• threshold - Threshold value used for structural qualification or thresholds.
• volatilityPeriod - Volatility Period value used for structural qualification or thresholds.
• qqeFactorMode - QQE Factor Mode (0:Static, 1:ADX, 2:CHOP) value used for structural qualification or thresholds.
• regimeFilterMode - Regime Filter (0:Off, 1:ADX, 2:CHOP, 3:Both) value used for structural qualification or thresholds.
• adxThreshold - ADX Sideways Threshold value used for structural qualification or thresholds.
• chopThreshold - CHOP Sideways Threshold value used for structural qualification or thresholds.
• showDivergence - Show Divergence (0:No, 1:Yes) value used for structural qualification or thresholds.
• qqeLine - QQE Line value used for structural qualification or thresholds.
• signalLine - Signal Line value used for structural qualification or thresholds.
• hist - Histogram value used for structural qualification or thresholds.
• regime - Regime Filter value used for structural qualification or thresholds.
• qqeLine - QQE Line value used for structural qualification or thresholds.
• signalLine - Signal Line value used for structural qualification or thresholds.
• hist - Histogram (Oscillator) value used for structural qualification or thresholds.
• regime - Regime (1:Bull, -1:Bear, 0:Sideways) value used for structural qualification or thresholds.

Strategy Example: Enter Long when buySignal is true and trendFilter == 1, ensuring trades align with dominant momentum.