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racer8
31 mar 2020 03:16

QQE WR 

Euro Fx/Swiss FrancFXCM

Descrizione

This is an improved version of the existing QQE. Its performs better because it relies on Williams %R instead of the RSI. The simplicity of the Williams %R gives the QQE better performance resulting in less false signals. It works across all instruments, especially volatile ones.

Note di rilascio

Nothing new yet.

Note di rilascio

Added a horizontal line. Default level is set to -50.

Note di rilascio

- Removed zero line
- SF parameter renamed to "Slow Factor"

Note di rilascio

Changes made include...
-Increased color opacity of W%R and QQE lines
-Tweaked formula so now QQE WR's values are positive.

Note di rilascio

Changes to variable names.

Note di rilascio

...
Updated script to version 4.
Commenti
stevenwalter0
Anyone reading please note this is a fantastic exit indicator. You may need to tweak the settings a bit, but it get's you out of a trend at a great time.
racer8
@stevenwalter0, Thanks man :D
mikemiller2021
what are the settings guys?
CrawlWalkRunJump
one of the best for price action many thanks
Wei028
大哥,威武,脚本很厉害
racer8
@Wei028, thank you :)
Marzipug
Perfect! Thank you for sharing.
metalrat
A very good short-term indicator (rare). Add to the RDSI indicator for additional confirmation. Good for 3min tf. Thanks!
racer8
RAZNET
Thanks for the indicator.

Original version of WPR contains:
100 * (close - MAX) / (max - min)

Your version contains:
100 * (close - MIN) / (max - min)

Just curious whether you did the mistake intentionally?
:)
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