Advanced QQE Buy/Sell with Confirmation Filters

26 apr

Advanced QQE Buy/Sell with Confirmation Filters

This indicator provides high-probability Buy and Sell signals using an advanced Quantitative Qualitative Estimation (QQE) method, enhanced by optional powerful confirmation filters.

Core Strategy:

📈 QQE Signals: Based on smoothed RSI crossover of dynamic threshold bands.

🎯 Buy Signal: Triggered when RSI crosses above QQE Lower Band.

🎯 Sell Signal: Triggered when RSI crosses below QQE Upper Band.

Optional Confirmation Filters:

🔧 RSI Filter: Only accept buys when RSI > 55 or sells when RSI < 45.

🔧 MACD Histogram Filter: Confirms momentum direction.

🔧 VWAP Filter: Confirms if price is above (bullish) or below (bearish) VWAP.

Customization Options:

Adjust RSI Length, QQE Smoothing Length, and Threshold to match your trading style.

Independently toggle each confirmation filter ON/OFF from the settings.

VWAP line can also be plotted on chart for visual guidance.

Key Features:

Clean Buy (green up label) and Sell (red down label) signals plotted on chart.

Alerts available for Buy/Sell triggers.

Optimized for fast performance and low lag.

Recommended Timeframes:
15min, 1H, 4H, Daily.

Disclaimer:
This indicator is for educational purposes only. Trading involves risk. Always perform your own due diligence.

Developed and optimized by Keyvan 🚀

27 apr

Note di rilascio

🔵 QQE Core: Monitors RSI smoothed bands for breakout or breakdown detection.

🟢 RSI Confirmation (optional): Only buys above 55 RSI (strength), sells below 45 RSI (weakness).

🔴 MACD Confirmation (optional): Confirms if momentum supports the signal.

🟠 VWAP Confirmation (optional): Filters signals based on price position relative to VWAP (fair price average).

🛠️ Fully customizable settings: You can easily turn ON/OFF each filter according to your strategy.

📈 Works on all timeframes: 1H, 4H, Daily, even Weekly charts for swing or position trading.

21 mag

Note di rilascio

What’s new in this upgrade (v3.0):
This version of the Advanced QQE Dynamic Confirm introduces several powerful, fully optional confirmation filters to improve signal quality, especially for swing trading. You can now choose to confirm signals using SuperTrend direction, ATR rising momentum, volume strength, RSI trend bias, VWAP alignment, and EMA200 trend filtering — all individually toggleable. These additions help filter out weak or low-conviction trades, letting you focus only on high-quality opportunities that align with market momentum and structure. The script also includes a cleaner layout, refined logic, and precise signal control, with default settings optimized for swing trading.

Advanced QQE Dynamic Confirm v3.0 is a refined swing trading tool that uses a smoothed RSI system with dynamic threshold bands to generate BUY and SELL signals. The core signal is based on RSI crossing above or below a calculated band (QQE band), and confirmation filters like SuperTrend, ATR rising, and Volume help validate the strength of those signals. You can toggle each filter on or off to customize signal quality and style. Green labels mark BUY signals, red labels mark SELL signals — no other colors are used to keep it clear and clean.

Key parameters include RSI Length (default 14), which determines how sensitive the RSI is — a lower number reacts faster, while a higher number smooths out noise. QQE Smoothing Length affects how smooth the midline is; a higher value gives fewer but cleaner signals. QQE Threshold controls the width of the signal bands; increasing it reduces signal frequency but improves strength, while lowering it gives more signals but potentially more noise. The SuperTrend Factor and SuperTrend ATR Length adjust the sensitivity of trend confirmation: a higher factor or longer ATR period will require a stronger trend to confirm the signal, while lower values will react earlier but may be more prone to whipsaws.

To use this indicator effectively, select a timeframe like 1H or 4H, and enable the filters that match your style. For example, swing traders may want to keep ATR Rising, SuperTrend, and Volume Confirmation turned ON, while leaving VWAP and EMA200 filters off unless trading intraday or trend-following. This setup helps filter out low-conviction signals and focus only on trades with real strength and momentum behind them.
How each setting affects signals:

RSI Length: This controls how sensitive the RSI is to price movement. A lower number (e.g., 7) makes the RSI react faster to short-term moves, generating more signals — but they may be noisier. A higher number (e.g., 21) smooths out the RSI, giving fewer but more reliable signals.

QQE Smoothing Length: This smooths the RSI further before applying the QQE logic. A shorter smoothing length gives faster signals with higher sensitivity. A longer smoothing length filters out noise and focuses on more stable trends.

QQE Threshold: This sets how far the RSI must move away from its smoothed average to trigger a signal. A lower threshold (e.g., 2.0) will create more frequent signals, including small moves. A higher threshold (e.g., 6.0 or more) will reduce signals but increase their strength and reliability.

SuperTrend Factor: This adjusts the strength needed for a trend to be confirmed. A smaller number (e.g., 1.5) makes SuperTrend more sensitive and will confirm signals earlier — but with more false positives. A larger number (e.g., 4.0 or 5.0) makes it stricter, requiring a stronger price move to confirm.

SuperTrend ATR Length: This controls how far back the ATR is measured for SuperTrend. A shorter length (e.g., 7) will make it more reactive to price changes. A longer length (e.g., 20) will make the trend confirmation smoother and slower, suitable for longer-term trades.