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QQE AsYouWish IMQ Component v02

1 697
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.

Invite-only script

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Author's instructions

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epicau
asyouwishIMQinigomontoyasquestqqeRelative Strength ComparisonRelative Strength Index (RSI)Stochastic RSI (STOCH RSI)

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.
asyouwishIMQinigomontoyasquestqqeRelative Strength ComparisonRelative Strength Index (RSI)Stochastic RSI (STOCH RSI)

Invite-only script

Only users approved by the author can access this script. You'll need to request and get permission to use it. This is typically granted after payment. For more details, follow the author's instructions below or contact epicau directly.

TradingView does NOT recommend paying for or using a script unless you fully trust its author and understand how it works. You may also find free, open-source alternatives in our community scripts.

Author's instructions

Warning: please read our guide for invite-only scripts before requesting access.

epicau

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.