OPEN-SOURCE SCRIPT
QQE Channel Strategy
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QQE Channel Strategy (QCS) — TradingView Description
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█ 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.
Açık kaynak kodlu komut dosyası
Gerçek TradingView ruhuyla, bu komut dosyasının mimarı, yatırımcıların işlevselliğini inceleyip doğrulayabilmesi için onu açık kaynaklı hale getirdi. Yazarı tebrik ederiz! Ücretsiz olarak kullanabilseniz de, kodu yeniden yayınlamanın Topluluk Kurallarımıza tabi olduğunu unutmayın.
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, alım satım veya diğer türden tavsiye veya öneriler anlamına gelmez ve teşkil etmez. Kullanım Koşulları bölümünde daha fazlasını okuyun.
Açık kaynak kodlu komut dosyası
Gerçek TradingView ruhuyla, bu komut dosyasının mimarı, yatırımcıların işlevselliğini inceleyip doğrulayabilmesi için onu açık kaynaklı hale getirdi. Yazarı tebrik ederiz! Ücretsiz olarak kullanabilseniz de, kodu yeniden yayınlamanın Topluluk Kurallarımıza tabi olduğunu unutmayın.
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, alım satım veya diğer türden tavsiye veya öneriler anlamına gelmez ve teşkil etmez. Kullanım Koşulları bölümünde daha fazlasını okuyun.