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jiehonglim

QQE Trailing Line for Trailing Stop | jh

jiehonglim  
Trend Analysis Volatility nnfx nononsensefx jh qqe trailingstop baseline exit
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trendanalysis volatility nnfx nononsensefx jh qqe trailingstop baseline exit
Using parts of QQE (Qualitative Quantitative Estimation) again, this time I'm applying the trailing line of QQE on price directly.

Outcome, it's behaving like a baseline filter and it can be use as an exit or a trailing stop indicator.

As comparing to Kijun-sen line in yellow, the QQE trailing line follows the price closer, therefore exiting you sooner when the trend direction changes.

snapshot

There's 2 QQE option, they behave differently during the trend change.

Credits to Glaz and Shizaru for their QQE code.
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