QQE SIGNALS Trading Guide

The QQE Signals (Quantitative Qualitative Estimation) indicator is designed to automatically detect established momentum trends and print exact entry signals by smoothing the RSI and calculating an adaptive trailing band using volatility.

What does the indicator show?

• Long/Short Signals: Distinct visual labels (Long/Short) appearing directly on the chart when momentum solidifies in a direction.
• Internal Fast Line (Hidden): Tracks volatility thresholds to confirm reversals before flashing labels.

Key Settings

• RSI Length: The lookback period used for the underlying RSI calculation.
• RSI Smoothing: Applies an EMA to the base RSI to filter false signals.
• QQE Factor: Acts as a multiplier for the volatility bands. Lower numbers print signals faster; higher numbers wait for stronger trends.

How to use Strategy Parameters (Condition Source)

Within the Strategy Tester module, you can leverage the data from this indicator for ready-made trend confirmations.

1. Action Signals

Direct events corresponding to the visual labels on the chart.

• Long Signal — Triggers true exactly when a new bullish QQE crossover happens.
• Short Signal — Triggers true exactly when a new bearish QQE crossover happens.

Strategy Example: To open a position precisely on the indicator's entry point, use the condition: Long Signal is_true.

2. State Metrics

Outputs indicating the ongoing market structure.

• Is Long / Is Short — Remains true for the entire duration of the respective trend.

Strategy Example: You can block counter-trend trades by adding a requirement rule: Is Long is_true when entering long.

3. Underlying Oscillators

The mathematical curves calculating the conditions.

• RSI MA — The smoothed Relative Strength Index.
• Fast Line — The trailing volatility band tracking the RSI MA.