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Manfred

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Posts: 210

Joined: 4/2/2006
Location: South Africa

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Subject : RE: Qualitative Quantitative Estimation.QQE indica
Posted : 1/11/2019 8:57 AM
Post #30239 - In reply to #30237
At the risk of sowing confusion there is also a QQE indicator which has both fast and slow lines. The Metatrader code for this is somewhat cryptic to my brain refer https://www.mql5.com/en/code/20650 so I may not have converted it 100% correctly. However, of the face of it it appears workable. I also revised the colours to align with the MT5 code I worked from. This indicator I named QQE2 to distinguish it from the earlier one.

I provide an OT comparison png below along with the updated QQE2 code and also a Chart template.

Really the only difference I can see is that the "fast" line not surprisingly given its name responds a little faster than the slow line of the original QQE. In practice I have my doubts if it will make much difference in trading so either indicator should have a modicum of potential for a system.



[Edited by Manfred on 1/11/2019 9:06 AM]
Attached file : QQE2_Example_Metatrader.png (296KB - 283 downloads)
Attached file : QQE2vsQQE_Example_Omnitrader_SPY.png (76KB - 256 downloads)
Attached file : QQE2.txt (4KB - 265 downloads)
Attached file : QQE.otd (152KB - 241 downloads)

Deleting message 30239 : RE: Qualitative Quantitative Estimation.QQE indica


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