Get started

Qqemod

QQE MOD + SSL Hybrid + Waddah Attar Explosion IndicatorINDICATOR PURPOSE This indicator is designed to complement my original QQE MOD + SSL Hybrid + Waddah Attar Explosion strategy. Multiple users have requested that I convert the strategy to an indicator because alertconditions do not work on strategies and people want to specific set alerts for BUY, SELL, CLOSE BUY and CLOSE SELL. This can only be achieved using alertcondition(). This indicator functions in the exact same way as the strategy, but it doesn't have any backtesting functionality. I recomment that you use the original QQE MOD + SSL Hybrid + Waddah Attar Explosion strategy for parameter tuning and backtesting, then if you need more control on alerts you can use this indicator for that purpose. Only other difference is that I have added grey exit labels on the chart since it's not obvious where the exits would happen like it was in the strategy version. CREDITS QQE MOD byMihkel00 SSL Hybrid by Mihkel00 Waddah Attar Explosion by shayankm
Pine Script™ indicator
by kevinmck100
5
RDX Relative Directional IndexRDX Relative Directional Index, Strength + Direction + Trend. This indicator is the combination of RSI and DMI or ADX. RDX aims at providing Relative direction of the price along with strength of the trend. This acts as both RSI and Average Directional Index. as the strength grows the RSI line becomes wider and when there is high volatility and market fluctuation the line becomes thinner. Color decides the Direction. This indicator provides sideways detection of RSI signal. RDX Width: This determines the strength of RSI and Strength of ADX, The strength grows RDX band grows wider, as strength decreases band shrinks and merge into the RSI line. for exact working simply disable RSI plot on the indicator. when there is no strength the RSI vanishes.. Technical: RSI : with default 14 period ADX : Default 14 period RDX=RSI+(ADX-20)/5 Color Code: Red: Down Direction Green: Up Direction Sideways: A rectangular channel is plotted on RSI 50 Level Oversold Overbought: Oversold and Overbought Levels are plotted for normal RSI Oversold and Overbought detection. Buy/Sell: Buy sell signals from ADX crossover are plotted and its easy to determine Strength + Direction + Trend in one go Hope the community likes this... Contibute for more ideas and indicators..
Pine Script™ indicator
by traderharikrishna
3
Smart QQE ModSmart QQE - Chart Overlay Smart QQE shows QQE Trend and RSI plot on chart to determine the trend direction and eliminate false signals. QQE is obtained from original code by Glaz and rescaled to fit on chart. RSI 50 level acts as Zero which is plotted as a Bollinger on chart. This is not a Bollinger band . its an RSI channel with levels 0-100 plotted around the mid band. The RSI Mid Band is calculated based on RSI value. Trend: Price above RSI Mid band is uptrend Price below RSI Mid band is Down Trend The Green line - Discount Zone - 0-RSI level - Oversold Zone The Red Line - Premium Zone - 100 - RSI level - Overbought Zone Buy / Sell signals QQE Buy and Sell signals are plotted based on crossovers of RSI and Fast RSI crossovers. QQE trend is colored based on the crossover. Candle color: candle color determines the Original QQE Trend. Blue - QQE line above Threshold level in Buy Zone Pink - QQE line below Threshold level in Sell Zone Entries are to be made with proper confirmation. HULL MA is provided as a MA Ribbon for additional confirmation. This MA can be changed to various forms Like EMA , SMA , WMA , HMA , RMA the open and close of the MA are plotted so it determines the exact Trend reversal of the price. Credits to @Glaz QQE Threshold
Pine Script™ indicator
by traderharikrishna
13
RSI & BB QQE Mod (highlight)This script is a combination of the RSI, QQE and BB Here is an explanation on how I combined them, and how they are used: - RSI (Relative Strength Index) - Display a smoothed version of the RSI to identify "oversold" and "overbought" market phases - Used to calculate a QQE - QQE (Quantitative Qualitative Estimation) - Used to identify trend direction and trend strength - Used to set a basis for the BB - BB (Bollinger Bands) - Used with QQE as a basis to determine a relative definition of "high RSI" and "low RSI" - Used with QQE as a basis to determine the volatility of the RSI at a given moment - Used to predict pivot points Here are the main signals: - When "RSI Smoothed" line above the Upper BB then "RSI Smoothed" line turns green - Also , display green background color highlight - Also , and if "RSI Smoothed" is above the overbought line then display a second green background color highlight - When "RSI Smoothed" line bellow the Lower BB then "RSI Smoothed" line turns red - Also , display red background color highlight - Also , and if "RSI Smoothed" is bellow the oversold line then display a second red background color highlight A tool codded to be aesthetically pleasing and VERY customisable: - Designed for both light theme and dark theme users - Value can be easily modified in the settings - Colors can be easily swapped in the settings - Opacity of "fill" & "bgcolor" regrouped as a single input A tool codded to be easy to read and to learn from: - Sources and inspirations all listed within the script - Structure easily identifiable (to understand with little to no effort how the script works) Notes : - This script is lagging, because of that I do recommend using it on relatively large timeframe - This script is OpenSource, feel free to reuse it, but if so please remember to include a link to my script in your sources - This script is not a magical tool, use at your own risk
Pine Script™ indicator
by DZIV