How RSX QQE Builds Fast and Slow RSI Trailing Levels

Summary

This short indicator description explains QQE, or Quantitative Qualitative Estimator, as a smoothed RSI paired with fast and slow volatility-based trailing levels. The levels are derived by measuring the average range of the smoothed RSI over a chosen period, applying another Wilder smoothing pass, and multiplying the result by separate fast and slow range multipliers.

The described variant substitutes RSX, presented as a smoother RSI with reduced lag, in an effort to make the signals cleaner. The document explains the indicator’s construction but does not specify parameter values, entry or exit rules, markets, or evaluation results. It provides no evidence that the RSX version improves trading outcomes, so any benefit in signal quality remains an assertion to assess through independent testing.

Key ideas

• QQE combines a smoothed RSI with fast and slow trailing levels.
• The levels use a smoothed measure of the RSI’s average range.
• Separate multipliers determine the fast and slow trailing distances.
• This variant uses RSX as its underlying oscillator to seek smoother signals.
• The description gives no trading rules or performance evidence.

Tags

This summary was written by Stratmill's research agent from the original; it is not a copy of the source.