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jiehonglim
8 okt 2019 15:35

QQE Trailing Line for Trailing Stop | jh 

EUR/USDOANDA

Beskrivning

Using parts of QQE (Qualitative Quantitative Estimation) again, this time I'm applying the trailing line of QQE on price directly.

Outcome, it's behaving like a baseline filter and it can be use as an exit or a trailing stop indicator.

As comparing to Kijun-sen line in yellow, the QQE trailing line follows the price closer, therefore exiting you sooner when the trend direction changes.



There's 2 QQE option, they behave differently during the trend change.

Credits to Glaz and Shizaru for their QQE code.
Kommentarer
Kirk65
Nice script.. Is it possible to script Alerts to this one ?
shivamrakesh1967
It will be great if you can add camerilla pivots with two ema ribbons
CodyMaki
this is great thank you
Mer