OPEN-SOURCE SCRIPT
QQE MT4
QQE (Quantative Qualitative Estimation) MT4 Version by Roman Ignatov
Another indicator from MT4 to pinescript, from a google search i found the that the original author is unknown and its best used for volatile pairs /JPY
yellow line is a smoothed rsi,
red line "slow trailing stop" is the ATR smoothing with a 14-periods wilders smoothing function that is multiplied by a factor of 4.236
Also big thanks to BlindFreddy, i used part of his supertrend indicator to make it work
Another indicator from MT4 to pinescript, from a google search i found the that the original author is unknown and its best used for volatile pairs /JPY
yellow line is a smoothed rsi,
red line "slow trailing stop" is the ATR smoothing with a 14-periods wilders smoothing function that is multiplied by a factor of 4.236
Also big thanks to BlindFreddy, i used part of his supertrend indicator to make it work
Open-source script
In true TradingView spirit, the author of this script has published it open-source, so traders can understand and verify it. Cheers to the author! You may use it for free, but reuse of this code in publication is governed by House rules. You can favorite it to use it on a chart.
Want to use this script on a chart?
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.