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QQE Metatrader 4 Forex Indicator. QQE is short for Qualitative Quantitative Estimation and represents a Metatrader 4 forex indicator that uses the smoothed Moving Average of Relative Strength Index indicator. It’s an oscillator that tries to find discrepancies in which price forms a new maximum while overcoming the level of its previous maximum. The Quantitative Qualitative Estimation indicator (abbreviated QQE) is a mystery since nobody currently knows who its author is. Originally designed to create an indicator that is capable of signaling the trend while detecting overbought and oversold levels, the QQE consists of a smoothed version of the RSI on which two dynamic levels are calculated (Fast Trailing Level and Slow Trailing Level ). Forex QQE Histo Trading Rules . Forex QQE Histo Trading System is a great idea for trading in forex market. This idea is based on the QQE Histo Smoothed and on the RVI CFB adaptive indicator. The setup is very aggressive but easy to use. You can add the filters of the trend for a conservative appoach. Best Time frame: 60 min or higher. QQE is an indicator, which can be installed in the terminal manually, as it is not included in the standard list. Although this indicator is rather complex in terms of settings and readings of the signals, it can be very helpful for finding entry/ exit points and displaying overall situation in the market at the certain time. QQE MetaTrader indicator — or Quantitative Qualitative Estimation, is based on a rather complex calculation of the smoothed RSI indicators.As a result we get 2 lines in a separate indicator window — fast and slow. There is also an important indicator level (50), which is used in signals.
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