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QQE Higher-Timeframe Signals for Trend Continuation and Reversals

Article MQL5 code base

Summary

The QQE_HTF_Signal indicator displays the direction of a QQE-based signal from a selected timeframe as a colored chart arrow. A right-pointing arrow represents continuation of the existing trend at the selected bar; a diagonal arrow indicates a change in trend and the associated trade direction. The indicator can also issue alerts and audio notifications.

Its settings include the symbol, calculation timeframe, RSI period, smoothing choices, applied price, selected signal bar, display appearance, and alert behavior. The document describes configuration and visual interpretation, but supplies no test results or evidence about predictive accuracy. It also depends on a separate QQESign indicator file, and separate label names are needed when multiple copies appear on one chart.

Key ideas

  • The indicator visualizes a QQE signal calculated on a selected timeframe.
  • A right arrow marks trend continuation, while a diagonal arrow marks a trend change and trade direction.
  • Users can configure QQE calculation, chart display, and alert settings.
  • The document gives no evidence about signal performance and requires a separate QQESign file.

Tags

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