The MM Remix is comprised of the QQE indictor is calculated as follows: The Fast Trailing Level (TL) and Slow TL are found by calculating the ATR of the smoothed RSI over n-periods. The ATR is then further smoothed using the 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.
A RSI crossover of the fast or slow ATR trailing lines. When the RSI crosses above the fast or slow ATR trailing lines it signals a buy setup. Conversely, when the RSI crosses below the fast or slow ATR trailing lines it signals a short setup.
RSI cross of the 50 level. When the RSI cross above the 50 level, it signals a buy setup. Conversely, when the RSI cross below the 50 level, it signals a short setup.
Fast / slow ATR trailing line crossover. When the fast ATR trailing line cross above the slow ATR trailing line, it signals a long setup. Conversely, when the fast ATR trailing line cross below the slow ATR trailing line, it signals a short setup.
Divergences between the price action and the QQE indicator. There are two types of divergence setups: Regular and hidden. Hidden divergences may signal trend continuation whereas regular divergences can indicate trend reversals.
Regular bullish divergence is when price action is setting new lows and the QQE indicator has higher lows. Regular bearish divergence is when price action is setting new highs and the QQE indicator has lower highs.
Hidden bullish divergence when price action is setting higher lows and the QQE indicator has lower lows. Hidden bullish divergence when price action is setting lower and the QQE indicator has higher highs.
Overbought / oversold. Overbought when the QQE indicator is above the 70 level. Oversold when the QQE is below the 30 level. If any of the QQE components have been moving below the 30 level and cross above, a signals a long setup. Conversely, if any of the QQE indicator components have been moving above the 70 level and then cross below, it signals a short setup.
Also The Aroon indicator is a technical indicator that is used to identify trend changes in the price of an asset, as well as the strength of that trend. In essence, the indicator measures the time between highs and the time between lows over a time period. The idea is that strong uptrends will regularly see new highs, and strong downtrends will regularly see new lows. The indicator signals when this is happening, and when it isn't.
The indicator consists of the "Aroon up" line, which measures the strength of the uptrend, and the "Aroon down" line, which measures the strength of the downtrend.
KEY TAKEAWAYS
The Arron indicator is composed of two lines. An up line which measures the number of periods since a High, and a down line which measures the number of periods since a Low.
The indicator is typically applied to 25 periods of data, so the indicator is showing how many periods it has been since a 25-period high or low.
When the Aroon Up is above the Aroon Down, it indicates bullish price behavior.
When the Aroon Down is above the Aroon Up, it signals bearish price behavior.
Crossovers of the two lines can signal trend changes. For example, when Aroon Up crosses above Aroon Down it may mean a new uptrend is starting.
The indicator moves between zero and 100. A reading above 50 means that a high/low (whichever line is above 50) was seen within the last 12 periods.
A reading below 50 means that the high/low was seen within the 13 periods.
Both have Buy/Sell alarms
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