Quantitative Qualitative Estimation (QQE) indicator is a smoother version of the popular Relative Strength Index (RSI) indicator with a volatility based trailing line that gives you momentum crossovers and confirmations.
Input Parameters are:
RSI Period : Default setting is 14
SF , smoothing factor : Default setting is 5
QQE coefficient : Default setting is 4.236 , one of most used percentage ratios based on the Fibonacci sequence
OversoldLevel : Default setting is 30. If this is set to 30, overbought level is automatically set to 100-30 = 70 on the chart
Plots two lines:
QQE , Yellow line
Trail , Cyan line
Created By | algomaniac |
NinjaTrader Version | 8 |
File Size | 15.1 KB |
Create Date | 06/03/2024 |
# of Downloads | 702 |
Importing to NinjaTrader 8 is Easy!
To import your 3rd party app or add-on to NinjaTrader, simply follow these 3 steps:
- Download the app or add-on file to your desktop
- From the NinjaTrader Control Center window, select the menu Tools > Import > NinjaScript Add-On…
- Select the downloaded file from your desktop
Questions?
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