QQE of Velocity as a Multi-Timeframe Trend Indicator

Summary

This brief description presents a variant of QQE, or Quantitative Qualitative Estimation, that uses Velocity as its momentum input instead of the more typical Relative Strength Index. The author characterizes Velocity as smoother momentum and says the indicator can help identify trend. It is presented as a standalone multi-timeframe indicator for charts in MetaTrader 5.

The description says the indicator supports the platform’s available timeframes and calls out two special higher-timeframe options: the second and third timeframes above the active chart. It does not specify the calculation, parameter choices, signal rules, or how the different timeframe readings should be combined. No charts, historical tests, trading results, or risk guidance are included, so the claims about trend identification cannot be assessed from this text alone.

Key ideas

• The indicator adapts QQE by using Velocity instead of RSI as its momentum input.
• The description presents the indicator as a tool for identifying trends.
• It supports multiple MetaTrader 5 timeframes, including second and third higher-timeframe options.
• The document does not explain the formula, signal interpretation, or validation evidence.

Tags

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