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JustUncleL
24. Nov. 2018 19:43

[Alerts]QQE Cross v6.0 by JustUncleL 

Bitcoin / US Dollar Perpetual Inverse Swap ContractBitMEX

Beschreibung

Description:
This is a major upgrade of my original QQE indicator Tool, this version is directed at Forex and Crypto Margin trading. This version can also be used with AutoView/ProfitView Chrome add-on in a semi-automatic (turn on only when conditions are favorable) or automatic way, with Signal to Signal or Signal to Close trading.

This is a Trend following indicator that uses fast QQE crosses to capture swings in direction of the main Trend. Alerts are filtered with Two Moving Average Ribbons and/or Direction of MAs. The QQE or Qualitative Quantitative Estimation is based on the relative strength index (RSI), but uses a smoothing technique as an additional transformation. Three crosses can be selected (all selected by default):
  • Smooth RSI signal crossing ZERO (XZ)
  • Smooth RSI signal crossing Fast QQE line (XQ), this is like an early warning swing signal.
  • Smooth RSI signal exiting the RSI Threshhold Channel (XC), this is like a confirmed swing signal. An optimal Smooth RSI threshold level is between 5% and 10% (default=10), it helps reduce the false swings.


These signals can be selected to Open Short/Long and/or Close a trade, default is XC open trade and XQ (or opposite open) to Close trade.

The (LONG/SHORT) alerts can be optionally filtered by the Moving Average Ribbons:
  • For LONG alert the Close must be above the fast MA Ribbon and fast MA Ribbon must be above the slow MA Ribbon.
  • For SHORT alert the Close must be below the fast MA Ribbon and fast MA Ribbon must be below the slow MA Ribbon.

and/or directional filter:
  • For LONG alert the Close must be above the medium MA and the directional of both MA ribbons must be Bullish.
  • For SELL alert the Close must be below the medium MA and the directional of both MA ribbons must be Bearish.

This indicator is designed to be used as a Signal to Signal trading BOT in automatic or semi-automatic way (start and stop when conditions are suitable).
  • For LONG and SHORT alerts I recommend you use "Once per Bar" alarm option
  • For CLOSE alerts I recommend you use "Once per Bar Close" alarm option

(* The script has been designed so that long/short signals come at start of candles *)
(* and close signals come at the end of candles *)
Kommentare
RAKIA
Which time frame is best for this
SIMBAD1341431
YOUR STRATEGY IS NOT CORRECT CALCULATES THE PERCENTAGE OF PROFIT AND LOSS. DON'T BE FOOLED PEOPLE!
drpastet89
@Nprt, Why, where do you see the error?
iljaguzik
Thank You Sir.
Sudhakar97
Watch time frame best
UnknownUnicorn692895
iam testing it in 1 minute chart binary option , it seems working good
abelardodeanda
i am a noob. i have been using this strategy and i am having sucsess . thank you. do you have it coded for ninjatrader 7?
Carl2021111
Does this repaint?
JustUncleL
@CarlORourke, It should not repaint, there are no forward references.
Gangaram0719
@JustUncleL, Hello sir thx for this indicator. PLs tell me how to use the RELATIVE TIMEFRAMES MULTIPLIER for second moving average indicator settings ??? I want to use it on Indian stock market for day trading to swing & positional trading. PLs guide how to modify the settings for above mentioned purpose. Thx again.
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