QQE for Rsi(oma) - MetaTrader 5 Script | Trading Script Download - MT4/MT5 Resources
QQE (Quantitative Qualitative Estimate) is usually calculated using RSI. This version uses Rsi(oma) (ESI moving average) instead, and as expected, the results are completely different from the original QQE. Seems like it could be used for trading
You can use color changes as signals
Attachment download
📎 qqe_of_rsiioma9.mq5 (11.74 KB)
Source: MQL5 #24501
QQE of Rsi(oma) - MetaTrader 5 script | Trading script download - MT4/MT5 resource usage and screening suggestions
Rsi(oma)'s QQE - MetaTrader 5 script | Trading script download - MT4/MT5 resources are trading script related resources. Before downloading or referencing, it is recommended to confirm the platform version, transaction type, time period, whether DLL is required, whether source code is included, parameter description and historical update records.
Both automated trading tools and foreign exchange indicators should first undergo backtesting, simulated account observation, and small capital verification. Pay special attention to spreads, slippages, maximum drawdowns, position opening frequency, stop loss methods, trading periods and broker rules, and avoid direct real-time execution based only on titles or short-term profit descriptions.
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