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

Regards,
Igor

UPDATES:

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