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INVITE-ONLY SCRIPT

QQE AsYouWish IMQ Component v02

By epicau
Updated
An AsYouWish component of Inigo Montoya's Quest, dynamic strategy. This is not a stand alone indicator. It is instead designed/skewed to provide RSI-based trade recommendations, immediately following a reversal stop-out. It's suitable for any time frame, from 1 minute to 1+day bars.
Release Notes
Carefully chosen logic for circles now gives much better signals, almost magically so.
Currently circles are not given diverse weights; next version will enhance this.
Release Notes
Circle weighting/shading is partially implmented; 2/3 done.
Release Notes
Circle weighting/shading is complete. Default weights for markers is adjusted.
Release Notes
Just an update to default weights, in accord with IMQ lookback. Circles & Squares are slightly lightened. Flags & Diamonds are significantly heavier.
Some internal variable renaming [invisible].
Release Notes
Added accumulation line indicating sum of QQEcho weight, simulating look-back & decay.
Added input for 'QQE Trigger', which only determines level for color-change of that accumulation line.
Added inputs for Decay Start Bar & Decay Rate.
Not added/relevant is an input for lookback bars.
Accumulation line simulation here will differ slightly from IMQ strategy which has lookback-input, in that this indicator is continuously accumulating & decaying, whereas the strategy clears the accumulation with a new lookback when newly seeking next trade.
Release Notes
Weight Modifier & Default Values.
Release Notes
Defaults changed. Can now hide signal line.
Release Notes
Correcting accidental overwrite.
Release Notes
Removed/added inputs. Changed diamonds. Boundary Skew/Bias.
Release Notes
Spacing Horizon Decay CryWolf
Release Notes
Some float inputs change to integer.
asyouwishIMQinigomontoyasquestqqeRelative Strength ComparisonRelative Strength Index (RSI)Stochastic RSI (STOCH RSI)

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