QQE - How are the trailing signal lines calculated

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QQE - How are the trailing signal lines calculated

Postby gershgorin » Mon Jul 19, 2021 7:55 pm

Hi all,

I have posted this question on a few different websites and discord channels. I am inevitably pointed at sources that emphasize how the first part of the indicator is calculated, but not how the trailing (fast/slow) lines are calculated.

I am aware of the RSI, smoothing the RSI, taking the ATR of the smoothed RSI, and smoothing it once more. However, I don't understand how the lines are calculated as they aren't just Smoothed RSI +/- Smoothed ATR. There seems to be some additional steps that I am missing.

I have attached an indicator (that was actually created on this site).
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QualitativeQuantitativeEstimation.mq4
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Re: QQE - How are the trailing signal lines calculated

Postby Apprentice » Wed Jul 21, 2021 1:35 am

First TS1 line calculation
If QQE[i] cross under TS1
TS1 will be recalculated as
QQE[i] + DELTA[i]*Fast_ATR_Multipliers;
If QQE[i] cross over TS1
TS1 will be recalculated as
QQE[i] - DELTA[i]*Fast_ATR_Multipliers;

For TS2 Slow_ATR_Multipliers will be used, The calculation of TS2 is the same.
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