OPEN-SOURCE SCRIPT
QQE Channel Strategy
─────────────────────────────────────────────
QQE Channel Strategy (QCS) — TradingView Description
─────────────────────────────────────────────
█ OVERVIEW
QQE Channel Strategy is a fully original trend-following strategy that combines two independently implemented components:
① Trend Channel — Built from High/Low EMA bands. Price breaking above the upper band signals bullish trend; breaking below the lower band signals bearish. The inner band acts as an exit line.
② Momentum Filter — A QQE-concept oscillator built from scratch. RSI is smoothed, its volatility is ATR-normalized, and trailing bands determine trend direction. Entry is only allowed when both components agree on direction.
█ ENTRY CONDITIONS
Long : Channel flips bullish while momentum is bullish,
OR momentum flips bullish while channel is already bullish.
Short : Same logic, opposite direction.
█ EXIT CONDITIONS
• Fixed SL / TP via strategy.exit() (enabled by default)
— SL: lowest low (long) or highest high (short) over the last N bars
— TP: SL distance × RR ratio
• Signal-based exit as a safety net:
— Price crosses back through the exit line
— Momentum flips against the position
█ DEFAULT SETTINGS
Group | Parameter | Default
─────────────────── | ────────────────────────── | ───────
Trend Channel | Channel EMA Length | 60
Momentum Filter | RSI Length | 14
Momentum Filter | RSI Smoothing (EMA) | 5
Momentum Filter | QQ Factor | 4.238
SL / TP | Use Fixed SL/TP | ON
SL / TP | Swing Length (SL basis) | 10
SL / TP | Risk/Reward Ratio | 1.0
Strategy | Long / Short | Both ON
Strategy | Lot Size | 1.0
Commission | (hardcoded) | 0.05%
All parameters are adjustable from the indicator settings panel.
Commission can also be overridden via Properties tab → Commissions.
█ ALERTS
Four alert conditions are available:
• 🟢 Long Entry
• 🔴 Short Entry
• ⚠️ Exit Arrow
• 📢 All Signals (combined)
█ NOTES
— This strategy is a fully original implementation.
No external scripts or third-party code were used.
— QQE refers to the Quantitative Qualitative Estimation algorithm concept,
independently implemented from documented sources.
— Backtested with commission 0.05% and slippage 2 ticks.
Adjust these in the Properties tab to match your broker's conditions.
— Results vary by symbol and timeframe. Always verify on your target pair
before live trading.
QQE Channel Strategy (QCS) — TradingView Description
─────────────────────────────────────────────
█ OVERVIEW
QQE Channel Strategy is a fully original trend-following strategy that combines two independently implemented components:
① Trend Channel — Built from High/Low EMA bands. Price breaking above the upper band signals bullish trend; breaking below the lower band signals bearish. The inner band acts as an exit line.
② Momentum Filter — A QQE-concept oscillator built from scratch. RSI is smoothed, its volatility is ATR-normalized, and trailing bands determine trend direction. Entry is only allowed when both components agree on direction.
█ ENTRY CONDITIONS
Long : Channel flips bullish while momentum is bullish,
OR momentum flips bullish while channel is already bullish.
Short : Same logic, opposite direction.
█ EXIT CONDITIONS
• Fixed SL / TP via strategy.exit() (enabled by default)
— SL: lowest low (long) or highest high (short) over the last N bars
— TP: SL distance × RR ratio
• Signal-based exit as a safety net:
— Price crosses back through the exit line
— Momentum flips against the position
█ DEFAULT SETTINGS
Group | Parameter | Default
─────────────────── | ────────────────────────── | ───────
Trend Channel | Channel EMA Length | 60
Momentum Filter | RSI Length | 14
Momentum Filter | RSI Smoothing (EMA) | 5
Momentum Filter | QQ Factor | 4.238
SL / TP | Use Fixed SL/TP | ON
SL / TP | Swing Length (SL basis) | 10
SL / TP | Risk/Reward Ratio | 1.0
Strategy | Long / Short | Both ON
Strategy | Lot Size | 1.0
Commission | (hardcoded) | 0.05%
All parameters are adjustable from the indicator settings panel.
Commission can also be overridden via Properties tab → Commissions.
█ ALERTS
Four alert conditions are available:
• 🟢 Long Entry
• 🔴 Short Entry
• ⚠️ Exit Arrow
• 📢 All Signals (combined)
█ NOTES
— This strategy is a fully original implementation.
No external scripts or third-party code were used.
— QQE refers to the Quantitative Qualitative Estimation algorithm concept,
independently implemented from documented sources.
— Backtested with commission 0.05% and slippage 2 ticks.
Adjust these in the Properties tab to match your broker's conditions.
— Results vary by symbol and timeframe. Always verify on your target pair
before live trading.
Open-source Skript
Ganz im Sinne von TradingView hat dieser Autor sein/ihr Script als Open-Source veröffentlicht. Auf diese Weise können nun auch andere Trader das Script rezensieren und die Funktionalität überprüfen. Vielen Dank an den Autor! Sie können das Script kostenlos verwenden, aber eine Wiederveröffentlichung des Codes unterliegt unseren Hausregeln.
Haftungsausschluss
Die Informationen und Veröffentlichungen sind nicht als Finanz-, Anlage-, Handels- oder andere Arten von Ratschlägen oder Empfehlungen gedacht, die von TradingView bereitgestellt oder gebilligt werden, und stellen diese nicht dar. Lesen Sie mehr in den Nutzungsbedingungen.
Open-source Skript
Ganz im Sinne von TradingView hat dieser Autor sein/ihr Script als Open-Source veröffentlicht. Auf diese Weise können nun auch andere Trader das Script rezensieren und die Funktionalität überprüfen. Vielen Dank an den Autor! Sie können das Script kostenlos verwenden, aber eine Wiederveröffentlichung des Codes unterliegt unseren Hausregeln.
Haftungsausschluss
Die Informationen und Veröffentlichungen sind nicht als Finanz-, Anlage-, Handels- oder andere Arten von Ratschlägen oder Empfehlungen gedacht, die von TradingView bereitgestellt oder gebilligt werden, und stellen diese nicht dar. Lesen Sie mehr in den Nutzungsbedingungen.