Forex Education

Trading industry knowledge. Learn forex trading, investing in stocks, commodities.

  • Home
  • Choose a broker
  • Best Forex Brokers
  • Learn trading
  • Affiliate
  • Contact
  • About us
Home » Technical analysis » Indicators » Download QQE Indicator! How to use QQE Indicator?

Download QQE Indicator! How to use QQE Indicator?

by Fxigor

Table of Contents

  • Download QQE Indicator!
  • How does QQE Indicator work?
  • How to use QQE Indicator?
  • QQE SELL TRADE Example
  • Final Thoughts

Qualitative Quantitative Estimation is an indicator function on the model of enhanced RSI with the help of the smoothing technique. In relation to most of the indicators, QQE stands victorious in the test of volatility even during the financial crisis of 2008.

Download QQE Indicator!

DOWNLOAD QQE INDICATOR

BEST BROKERS REVIEWS
avatrade ad gold trading
Trillion Dollar Club - Invest & Trade Stocks, Crypto, Forex
trade oil ads
cfd stocks trade - ad
avatrade ad gold trading
avatrade ad gold trading

How does QQE Indicator work?

  • Indicator Calculates the 14-period RSI.
  • QQE indicator calculates RSI by taking the 5-period EMA of the RSI.
  • The indicator calculates the absolute value of the bar-to-bar change in the smoothed RSI.
  • QQE uses a 27-period EMA to the values in step 3.
  • QQE draws the slow trailing line by multiplying the result of step 4 by 4.236.

How to use QQE Indicator?

You can use the QQE indicator to find trend reversal, to spot overbought or oversold price levels. QQE indicator you can use exactly as RSI indicator. however, the QQE indicator is a little bit slower and smoother the RSI which is its biggest advantage to avoid false signals.

avatrade ad gold trading
Trillion Dollar Club - Invest & Trade Stocks, Crypto, Forex
trade oil ads
cfd stocks trade - ad
avatrade ad gold trading
avatrade ad gold trading

BEST BROKERS REVIEWS
free course banner

fxpro android ad
fxpro android ad
100% bonus hotforex
100% bonus hotforex
trade ETF
supercharged bonus hotforex ad
hfm zerpo spread ad
gold trading hotforex ad
crypto trading capital ad
trade oil ads
cfd stocks trade - ad
avatrade ad gold trading
exness stable spread ad
trade metals ad
trade crypto icm
  • Trend trading

You can use this indicator to find the ongoing trend in the market. If you witness the indicator is above 50 levels, it signals towards a bullish market. Hence, you should buy it. Hence, you can utilize this indicator in the form of a trade filter by taking a long position above 50 levels and a short position below 50 levels. 

  • Overbought and oversold positions

This indicator also helps to find if a security is overbought or oversold. For instance, if the indicator is beyond 70 levels, it shows that the market is going strong and is ideal for taking a long position. If the indicator moves at the contrary levels, you should take a short position. 

  • Divergence

This versatile indicator also helps to find the prices and momentum divergence. For example, you will find bullish divergence in the market when QQE settles at higher lows, while prices are stuck at lower lows. This is a sign of an incoming bullish reversal.

avatrade ad gold trading
Trillion Dollar Club - Invest & Trade Stocks, Crypto, Forex
trade oil ads
cfd stocks trade - ad
avatrade ad gold trading
avatrade ad gold trading

On the other hand, a bearish divergence occurs when this indicator is forming lower highs, while the price settles at higher highs. 

BEST BROKERS REVIEWS

avatrade ad gold trading
Trillion Dollar Club - Invest & Trade Stocks, Crypto, Forex
trade oil ads
cfd stocks trade - ad
avatrade ad gold trading
avatrade ad gold trading

free course banner
fxpro android ad
fxpro android ad
100% bonus hotforex
100% bonus hotforex
trade ETF
supercharged bonus hotforex ad
hfm zerpo spread ad
gold trading hotforex ad
crypto trading capital ad
trade oil ads
cfd stocks trade - ad
avatrade ad gold trading
exness stable spread ad
trade metals ad
trade crypto icm

When the bold line of the indicator crosses the trailing line, it is a signal of shifting momentum. If the bold line moves beyond the trailing line, it is a sign of bullish momentum. On the other hand, if the smooth line moves below the trailing line, it is an indicator of downward momentum.

QQE SELL TRADE Example

For example, when you are monitoring the movement of euros against the dollars in a daily frame. The green line indicates the movement of the price. If this line is moving upwards, the price is also rising. It is also a sign of a downward price movement. You will notice that the price also takes a reverse turn after coming to an overbought or oversold point.

qqe indicator

If the green line intersects the red line and moves below this lagging red line, the indicator will give you signals to sell. In the same way, if the green lines move beyond the red line during the upward movement of the price, the trend will prevail instantly after the lines cross each other.

Final Thoughts

The QQE indicator is a versatile and accurate indicator that provides a plethora of options to use for buy and sell signals. You can determine the possibilities of trend reversals and trade at profitable positions.  Hence, it is prudent to use this indicator in the trading strategy. 

avatrade ad gold trading
Trillion Dollar Club - Invest & Trade Stocks, Crypto, Forex
trade oil ads
cfd stocks trade - ad
avatrade ad gold trading
avatrade ad gold trading

avatrade ad gold trading
Trillion Dollar Club - Invest & Trade Stocks, Crypto, Forex
trade oil ads
cfd stocks trade - ad
avatrade ad gold trading
avatrade ad gold trading

fxpro android ad
fxpro android ad
100% bonus hotforex
100% bonus hotforex
trade ETF
supercharged bonus hotforex ad
hfm zerpo spread ad
gold trading hotforex ad
crypto trading capital ad
trade oil ads
cfd stocks trade - ad
avatrade ad gold trading
exness stable spread ad
trade metals ad
trade crypto icm
  • Author
  • Recent Posts
Fxigor
Fxigor
Trader at Leanta Capital
Igor has been a trader since 2007. Currently, Igor works for several prop trading companies.
He is an expert in financial niche, long-term trading, and weekly technical levels.

The primary field of Igor's research is the application of machine learning in algorithmic trading.

Education: Computer Engineering and Ph.D. in machine learning.

Igor regularly publishes trading-related videos on the Fxigor Youtube channel.

To contact Igor write on:
igor@forex.in.rs
Fxigor
Latest posts by Fxigor (see all)
  • What is Forex Trader?
  • General Characteristics of Precious Metals – Precious Metals Criteria
  • Is Titanium a Precious Metal?

Related posts:

  1. Schaff Trend Cycle Trading System – Cycle Indicator MT4 Download
  2. Free Download True Strength Index TSI Indicator
  3. Balance of Power Indicator and Strategy – BOP Indicator
  4. Download RSI Divergence Indicator for MT4
  5. What is Trix Indicator? – Download Trix Indicator for MT4
  6. What is Commodity Channel Index Indicator?
  7. Download Chandelier Exit Indicator!
  8. MBFX Timing Indicator – Free download MT4 Indicator
  9. Vertex Mod Indicator – Free Download Vertex Mod No Repaint Indicator
  10. Donchian Channel Indicator Download
  11. The Best Overbought Oversold Indicator in MT4 – Download

Filed Under: Indicators

Trade gold and silver. Visit the broker's page and start trading high liquidity spot metals - the most traded instruments in the world.

Trade Gold & Silver

Diversify your savings with a gold IRA.

Gold & silver portfolio-building assistance from product professionals.

VISIT GOLD IRA COMPANY If you want to trade stocks try: TRADE IDEAS

fxpro android ad
fxpro android ad
100% bonus hotforex
100% bonus hotforex
trade ETF
supercharged bonus hotforex ad
hfm zerpo spread ad
gold trading hotforex ad
crypto trading capital ad
trade oil ads
cfd stocks trade - ad
avatrade ad gold trading
exness stable spread ad
trade metals ad
trade crypto icm

Website categories

Main Forex Info

  • Forex Calendar 2022
  • Forex Holidays Calendar 2022 – Holidays Around the World
  • Non-Farm Payroll Dates 2023.
  • Fed Meeting Schedule 2023. Dates! – FOMC Dates
  • Key Economic Indicators For a Country
  • What is PAMM in Forex?
  • Stock Exchange Trading Hours

Main navigation:

  • Home
  • About us
  • The Best Forex Brokers of 2023 (Ranked & Reviewed)
  • Free Forex Account Without Deposit in Autumn of 2023.
  • Best Forex Affiliate Programs in 2023.
  • Best Forex Brokers by Monthly Traffic of 2023
  • Brokers That Accept PayPal Deposits
  • Forex brokers reviews
  • Investment
  • Education

Forex social network

  • RSS
  • Twitter
  • FxIgor Youtube Channel
  • Privacy Policy
  • Contact us

Spanish language

Spanish language website
Risk Warning: Trading leveraged products such as Forex and CFDs may not be suitable for all investors as they carry a high degree of risk to your capital. Trading such products is risky and you may lose all of your invested capital. Before deciding to trade, please ensure that you understand the risks involved, taking into account your investment objectives and level of experience.

Copyright Forex.in.rs 2007

Privacy Policy