AllAbsoluteQQE

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04-18-2013, 07:09 AM
igorad

1 Attachment(s)

AllAbsoluteQQE

Hi All,

Please take a look at one more interesting stuff - AllAbsoluteQQE, which is a continuation of the well-known QQE and similar TrendStrength and TrendRSI. As written here the author of the Quantitative Qualitative Estimation (QQE) is unknown but luckily you know who is the author of the TrendStrength and TrendRSI.

Code:

extern int TimeFrame = 0; // TimeFrame in min extern int MathMode = 0; // Math method: 0-RSI;1-Stoch;2-DMI extern int Price = 0; // Price = 0...6 (see List of Prices) extern int Length = 27; // Period of evaluation extern int PreSmooth = 1; // Period of PreSmoothing extern int Smooth = 5; // Period of smoothing extern int MA_Method = 1; // According to list above extern int RangeAvgLength = 27; // Average Range Period extern double Multiplier = 4.236; // Average Range Multiplier extern int SignalMode = 1; // 0-off,1-on extern int LevelsMode = 2; // Levels Mode: 0-Standard OverBought/OverSold // 1-StdDev Bands // 2-High/Low Channel extern double OverboughtLevel = 80; // Overbougt Level (ex.70) extern double OversoldLevel = 20; // Oversold Level (ex.30) extern int LookBackPeriod = 20; // LookBack Period for LevelsMode=1,2 extern double UpperMultiplier = 1; // Upper Band Multiplier for LevelsMode=1 extern double LowerMultiplier = 1; // Lower Band Multiplier for LevelsMode=1

Attachment 855

Regards,
Igor

UPDATES:

2013.04.22 - version v2.1: 1 minor bug fixed.
04-22-2013, 12:20 PM
igorad

Important: Please download fixed version v2.1.
07-19-2013, 07:43 AM
newdigital

1 Attachment(s)

This is the article from the link provided by Igorad on the first post (about how to use this indicator)

Quantitative Qualitative Estimation (QQE)

The origin of the Quantitative Qualitative Estimation (QQE) indicator is currently unknown.

The QQE indicator consists of a smoothed Relative Strength Index (RSI) indicator and two volatility-based trailing levels (fast and slow). The Fast Trailing Level (TL) and Slow TL are constructed by calculating the ATR of the smoothed RSI over n-periods and then further smoothing the ATR using an additional n-periods Wilders smoothing function. This smoothed ATR of RSI is then multiplied by the Fast and Slow ATR Multipliers to calculate the final Fast and Slow Trailing Levels.

Interpretation

There are several different methods in which the QQE can be used to generate trading signals. Here are few of the more common techniques:

Attachment 2001

Crossovers: 1) RSI / Fast ATR TL or Slow ATR TL Crossover: A buy signal occurs when the RSI crosses above the Fast ATR TL or Slow ATR TL and a sell signal occurs when RSI crosses below the Fast ATR TL or Slow ATR TL. 2) RSI / 50-level Crossover: When the RSI crosses above 50 a buy signal is given. Alternatively, when the RSI crosses below 50 a sell signal is given. 3) Fast ATR TL / Slow ATR TL Crossover: A buy signal occurs when the Fast ATR TL crosses above the Slow ATR TL and a sell signal occurs when Fast ATR TL crosses below the Slow ATR TL.

Divergence: Looking for divergences between the QQE indicator and price can prove to be very effective in identifying potential reversal points in price movement. Trade long on Classic Bullish Divergence: Lower lows in price and higher lows in the QQE; Trade short on Classic Bearish Divergence: Higher highs in price and lower highs in the QQE.

Overbought/Oversold Conditions: Much like the original RSI (and other oscillators), the QQE indicator can be used to identify potential overbought and oversold conditions in price movements. An Overbought condition is generally described as the QQE being greater than or equal to the 70% level while an oversold condition is generally described as the QQE being less than or equal to the 30% level. Trades can be generated when any of the QQE outputs (RSI, Fast ATR TL or Slow ATR TL) crosses these levels. When the RSI, Fast ATR TL or Slow ATR TL crosses above 30 a buy signal is given. Alternatively, when the RSI, Fast ATR TL or Slow ATR TL crosses below 70 a sell signal is given.
07-19-2013, 07:44 AM
newdigital

1 Attachment(s)

And this is my chart with EURUSD H1 with default settings :

Attachment 2002
07-19-2013, 12:11 PM
newdigital

2 Attachment(s)

And those are some QQE indicators.

The first one is QQE with alerts incl email alert (i did not check alerts sorry):

Attachment 2003
07-19-2013, 12:16 PM
newdigital

3 Attachment(s)

This is multi timeframed QQE (MTF QQE). MTF_QQE indicator works only with QQE indicator.

Attachment 2005
07-19-2013, 12:27 PM
newdigital

2 Attachment(s)

And this is QQE for Metatrader 5 with alert and email alert (attached)

Attachment 2009

That's all news
07-21-2013, 05:47 PM
mosiskv

Excellent work! - Incorporating in my trading this week.
07-25-2013, 02:37 PM
Gus4x

Quote:

Originally Posted by igorad

Hi All,

Please take a look at one more interesting stuff - AllAbsoluteQQE, which is a continuation of the well-known QQE and similar TrendStrength and TrendRSI. As written here the author of the Quantitative Qualitative Estimation (QQE) is unknown but luckily you know who is the author of the TrendStrength and TrendRSI.

Code:

extern int TimeFrame = 0; // TimeFrame in min extern int MathMode = 0; // Math method: 0-RSI;1-Stoch;2-DMI extern int Price = 0; // Price = 0...6 (see List of Prices) extern int Length = 27; // Period of evaluation extern int PreSmooth = 1; // Period of PreSmoothing extern int Smooth = 5; // Period of smoothing extern int MA_Method = 1; // According to list above extern int RangeAvgLength = 27; // Average Range Period extern double Multiplier = 4.236; // Average Range Multiplier extern int SignalMode = 1; // 0-off,1-on extern int LevelsMode = 2; // Levels Mode: 0-Standard OverBought/OverSold // 1-StdDev Bands // 2-High/Low Channel extern double OverboughtLevel = 80; // Overbougt Level (ex.70) extern double OversoldLevel = 20; // Oversold Level (ex.30) extern int LookBackPeriod = 20; // LookBack Period for LevelsMode=1,2 extern double UpperMultiplier = 1; // Upper Band Multiplier for LevelsMode=1 extern double LowerMultiplier = 1; // Lower Band Multiplier for LevelsMode=1

Attachment 855

Regards,
Igor

UPDATES:

2013.04.22 - version v2.1: 1 minor bug fixed.

Hi igorad.

Thanks a lot for share this great indicator.

I have a request: Could you add alerts when:
* upSignal and dnSignal buffers appear.
* Difference buffer be more or equal to Overbought buffer and zero level.
* Difference buffer be less or equal to Oversold buffer and zero level.
Note: If you consider that the alerts must be more or less but not equals, it is ok, exclude the equal condition of my request.

Regards.
08-05-2013, 09:04 AM
igorad

Quote:

Originally Posted by Gus4x

Hi igorad.

Thanks a lot for share this great indicator.

I have a request: Could you add alerts when:
* upSignal and dnSignal buffers appear.
* Difference buffer be more or equal to Overbought buffer and zero level.
* Difference buffer be less or equal to Oversold buffer and zero level.
Note: If you consider that the alerts must be more or less but not equals, it is ok, exclude the equal condition of my request.

Regards.

Hi Gus4X,

Please check out the updated AllAbsoluteQQE_v2.2 with the popup alerts according to your rules.

Regards,
Igor
08-05-2013, 11:19 PM
Gus4x

Great, many thanks, igorad.
09-15-2013, 10:03 PM
dangio

Hi Igorad,

Thanks for the indicator and modifications. When I attach this indicator to offline charts, such as renko, the subwindow shows up blank. Can you advise what I should do to fix this? It works perfectly in regular charts, just offline ones that it has trouble displaying
09-24-2013, 05:44 AM
igorad

Hi dangio,

Please check out the fixed version(v2.3) of the AllAbsoluteQQE.

Attachment 2870

Regards,
Igor
09-24-2013, 05:52 AM
dangio

Thank you Igor, will test and report back

Update. Works perfectly now on offline charts.
01-20-2014, 01:46 PM
newdigital

6 Attachment(s)

This is QQE_Bars indicator (this indicator is using QQEA indicator so both should be in indicator's folder) :

Attachment 4918

Attachment 4919

Attachment 4922

Attachment 4923
02-06-2014, 02:24 PM
barryvincent

Hi
AllAbsoluteQQE dose not work with MQ4 build 600. It dose no compile right.
thank you
Barry
02-06-2014, 02:28 PM
newdigital

Old ex4 files should work with this build. The only problem may be the location/path of indicator folder ...

By the way - I did not try this indicator with build 600 (I did not upgrad to 600)
02-06-2014, 04:05 PM
newdigital

Quote:

Originally Posted by barryvincent

Hi
AllAbsoluteQQE dose not work with MQ4 build 600. It dose no compile right.
thank you
Barry

Anyway, as I understand - many traders and programmers are waiting for the next build after 600 ...
02-06-2014, 07:19 PM
barryvincent

Here is what I found was if MQ4 file was compiled in the old version it will work, but if I put the MQ4 file the 600 build and let the new 600 compiled it compiled with errors
Thank you
Barry
02-07-2014, 07:28 AM
igorad

Quote:

Originally Posted by barryvincent

Here is what I found was if MQ4 file was compiled in the old version it will work, but if I put the MQ4 file the 600 build and let the new 600 compiled it compiled with errors
Thank you
Barry

Hi Barry,

Please check out the updated AllAbsoluteQQE indicator for the new MT4(build 600 and above).

Attachment 5329

Regards,
Igor
02-07-2014, 07:50 PM
mosiskv

Thanks as well
12-19-2014, 03:55 PM
Dave

Hi Igorad
is it possible to have a stepchart version of the AllAbsoluteQQe?

thanks
dave
08-21-2015, 08:55 AM
Nuri Fabianski

Quote:

Originally Posted by igorad

Hi Barry,

Please check out the updated AllAbsoluteQQE indicator for the new MT4(build 600 and above).

Attachment 5329

Regards,
Igor

Hi Igorad , what is the settings you are using as shown in the picture ? is it default ?
10-04-2015, 07:31 AM
newdigital

Time Range Breakout system for new MT4 builds is on this post. (this version works with Metatrader 4 build 600 and above)
10-08-2015, 10:40 AM
matfx

1 Attachment(s)

Hi ND,

Attaching the AllAbsoluteQQE resulting 3 errors and some warning, using MT4 build 890.

Attachment 16212
10-08-2015, 11:05 AM
newdigital

3 Attachment(s)

Quote:

Originally Posted by matfx

Hi ND,

Attaching the AllAbsoluteQQE resulting 3 errors and some warning, using MT4 build 890.

Attachment 16212

are you using 2.1 version?

use 2.3 version - this version does not have any error (I checked now):
AllAbsoluteQQE_v2.3 indicator for MT4 build 600+ is on this post. This version works with Metatrader 4 build 600 and above.

Attachment 16213

Attachment 16214

Attachment 16215
10-08-2015, 11:38 AM
matfx

Thanks ND i didn't look at the updated version.
12-18-2015, 08:53 PM
RipeFx

Mr. New Digital

Could you be so kind to add lines (thick selectable) to this indicator, Thanks in advance.

Kind Regards
07-05-2016, 09:46 AM
Heinz

1 Attachment(s)

Hello Igor,
I can not apply to the chart the indicator. When attempting to compile this I get also displayed an error.
Can you here after the error look.
Thank you very much

Attachment 22138

just seen: there is already a newer version without error ... Thanks.
Please change the link in the first post.
07-05-2016, 10:11 AM
newdigital

2 Attachment(s)

Everything in public is collected in wiki thread here http://newdigital-world.com/announce...orum-wiki.html so the latest version is the following:

Attachment 22140

Attachment 22141
07-05-2016, 10:30 AM
Heinz

Thank you, yes I should read more detail ...:(blush):

but I'm still looking for an EA with this Infdikator, I have the overlooked or is there still no?
07-05-2016, 11:52 AM
newdigital

Quote:

Originally Posted by Heinz

Thank you, yes I should read more detail ...:(blush):

but I'm still looking for an EA with this Infdikator, I have the overlooked or is there still no?

I did not see EA based on this indicator on the forum.
I made a request to Igorad by PM so I hope that he is having one EA or may create it for example.
07-08-2016, 07:55 AM
igorad

Hi,

please check out the updated AllAbsoluteQQE indicator with the new sets of prices and MAs.

Attachment 22204

Regards,
Igor
02-11-2019, 08:07 AM
newdigital

1 Attachment(s)

StepAbsoluteQQE
- StepAbsoluteQQE_v1 600+ indicator is on this post.

Attachment 34399
07-28-2023, 01:21 AM
Malen999

Hi Admin,

May I have AllAbsoluteQQE V2.3 indicator for MT4? Is it still working?

Thank you in advance

Malen
07-28-2023, 04:19 AM
newdigital

Quote:

Originally Posted by Malen999

Hi Admin,

May I have AllAbsoluteQQE V2.3 indicator for MT4? Is it still working?

Thank you in advance

Malen

It is not available now (this indicator had a lot of errors sorry).
07-28-2023, 05:31 AM
Malen999

Thank you Admin for your reply!

Malen