QQE Histogram Signals from Smoothed RSI and Trailing Levels

Summary

The document describes a QQE indicator built from a smoothed Relative Strength Index and two volatility-based trailing levels, one fast and one slow. Its variation adds discontinued signal-line levels and a histogram whose color changes according to those levels, providing additional visual cues for assessing trend direction.

It suggests using a change in the QQE indicator’s color or in the histogram’s color as a signal. The document gives no backtest, performance evidence, parameter settings, or detailed entry and exit rules. These color changes are therefore presented as possible analysis cues, not as a validated standalone trading system; readers would need to define and test how to use them in a particular market.

Key ideas

• The QQE combines a smoothed RSI with fast and slow volatility-based trailing levels.
• This variation adds discontinued signal-line levels to help assess trend direction.
• A color-changing histogram provides another visual way to interpret those levels.
• The document proposes color changes as signals but provides no testing evidence or complete trading rules.

Tags

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