Actualizado
Normalized Quantitative Qualitative Estimation nQQE
Normalized version of Quantitative Qualitative Estimation QQE:
Normalized QQE tries to overcome the problems of false signals due to RSI divergences on the original QQE indicator.
The main purpose is to determine and ride the trend as far as possible.
So users can identify:
UPTREND : when nQQE Histogram is GREEN (nQQE is above 10)
DOWNTREND : when nQQE Histogram is RED (nQQE is below -10)
SIDEWAYS: when nQQE Histogram is YELLOW (nQQE is between -10 and 10)
Calculation is very simple;
RSI based QQE oscillates between 0-100
nQQE is simply calculated as:
nQQE=QQE-50
to make the indicator fluctuate around 0 level to get more accurate signals.
Various alarms added.
Kıvanç Özbilgiç
Normalized QQE tries to overcome the problems of false signals due to RSI divergences on the original QQE indicator.
The main purpose is to determine and ride the trend as far as possible.
So users can identify:
UPTREND : when nQQE Histogram is GREEN (nQQE is above 10)
DOWNTREND : when nQQE Histogram is RED (nQQE is below -10)
SIDEWAYS: when nQQE Histogram is YELLOW (nQQE is between -10 and 10)
Calculation is very simple;
RSI based QQE oscillates between 0-100
nQQE is simply calculated as:
nQQE=QQE-50
to make the indicator fluctuate around 0 level to get more accurate signals.
Various alarms added.
Kıvanç Özbilgiç
Notas de prensa
deleted dummy parts
Telegram t.me/AlgoRhytm
YouTube (Turkish): youtube.com/c/kivancozbilgic
YouTube (English): youtube.com/c/AlgoWorld
YouTube (Turkish): youtube.com/c/kivancozbilgic
YouTube (English): youtube.com/c/AlgoWorld
Exención de responsabilidad
La información y las publicaciones no constituyen, ni deben considerarse como, asesoramiento o recomendaciones financieras, de inversión, de trading u otro tipo, proporcionadas o respaldadas por TradingView. Obtenga más información en Condiciones de uso.
Telegram t.me/AlgoRhytm
YouTube (Turkish): youtube.com/c/kivancozbilgic
YouTube (English): youtube.com/c/AlgoWorld
YouTube (Turkish): youtube.com/c/kivancozbilgic
YouTube (English): youtube.com/c/AlgoWorld
Exención de responsabilidad
La información y las publicaciones no constituyen, ni deben considerarse como, asesoramiento o recomendaciones financieras, de inversión, de trading u otro tipo, proporcionadas o respaldadas por TradingView. Obtenga más información en Condiciones de uso.