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QQE of Velocity: Using Smoothed Momentum to Identify Trends

Article MQL5 code base

Summary

This brief description presents a variation of Quantitative Qualitative Estimation (QQE), which is typically built from the Relative Strength Index. In this version, the underlying input is velocity, described as a smoother measure of momentum. The stated purpose is to help identify trend direction or trend conditions.

The suggested adjustment is to choose the calculation period according to trading style: a longer period for trend trading and a shorter period for scalping. The page does not explain the calculation, define signal thresholds, or specify entries, exits, and risk controls. It also supplies no chart examples, market tests, or performance evidence, so it offers only a high-level indicator concept rather than a tested trading method.

Key ideas

  • This QQE variation uses velocity, a smoothed momentum measure, instead of RSI as its base input.
  • The indicator is presented as a tool for identifying trends.
  • The suggested period is longer for trend trading and shorter for scalping.
  • The description gives no signal rules or evidence from testing.

Tags

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