Click here to Login








Qualitative Quantitative Estimation Indicator

by Brian Brown, 2434 days ago
Share |






The Qualitative Quantitative Estimation indicator is calculated based on a combination of the smoothed relative strength index (Moving average of RSI) and the average true range (ATR is used as a volatility based trailing stop) indicators. The QQE or Qualitative Quantitative Estimation indicator is particularly useful for volatile assets (stocks, futures, Forex...).

This trading indicator returns two lines: A fast and a slow moving trailing stop lines.
The indicator name is "QQE". Here is a brief description of its different parameters:
- Period: This is the period used to calculate the relative strength index and the different exponential moving averages.
- Smoothing Factor: This is the moving average period used to smooth the RSI indicator
- Type: This parameter allows you to instruct the function to return either the fast or the slow line. Set "1" to return the fast line. Otherwise, the slow line is returned by the function.
Examples:
a = QQE(14, 5, 1);
plot(a, "Fast Line");

a = QQE(14, 5, 0);
plot(a, "Slow Line", colorGreen);


There are several ways to trade the Qualitative Quantitative Estimation indicator:
- Look for crosses of the fast and slow lines when QQE is in an overbought and oversold zone
- Detect when the fast line crosses both the level 50 and the slow line


Share This ->
Share |


You have to log in to bookmark this object
What is this?
Additional Information




Type: Trading Indicator

Object ID: 1259


Country:
All

Market: All

Style:
Technical Analysis

Reviews
You must log in first

Join now
and get instant access for free to the trading software, the Sharing server and the Social network website.
Click here


Related objects

Empty

Number of reviews
Click to add a review
Average rate
Click to rate this item
Number of times this object was downloaded
Number of rates the current object received
Report an object
if you can't run it for example or if it contains errors
Click to report this object

Technical Analysis


Fundamental Analysis



Random Blog Posts

How to Backtest Your Trading System for Each Industry

Create Profitable Trading Strategies with Exchange Traded Funds (ETFs)

3 Market Indicators based on Fundamental Data

How to Send Commands to QuantShare from Excel or Other Applications

How to make sure your Historical Price Data is Split Adjusted

How to Select the Best Market Indicator for your Trading System

4 Market Composite Indicators Based on Industry Data

Industry Analysis - How to Compare Stocks with their Industries

Show All

Number of reviews
Click to add a review
Average rate
Click to rate this item
Number of times this object was downloaded
Number of rates the current object received
Report an object
if you can't run it for example or if it contains errors
Click to report this object






QuantShare
Product
QuantShare
Features
Create an account
Affiliate Program
Support
Contact Us
Trading Forum
How-to Lessons
Manual
Company
About Us
Privacy
Terms of Use

Copyright 2019 QuantShare.com
Social Media
Follow us on Facebook
Twitter Follow us on Twitter
Google+
Follow us on Google+
RSS Trading Items



Trading financial instruments, including foreign exchange on margin, carries a high level of risk and is not suitable for all investors. The high degree of leverage can work against you as well as for you. Before deciding to invest in financial instruments or foreign exchange you should carefully consider your investment objectives, level of experience, and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with trading and seek advice from an independent financial advisor if you have any doubts.