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Using QQE Color Changes as Price-Chart Signals

Article MQL5 code base

Summary

The document describes a chart-oriented version of Quantitative Qualitative Estimation (QQE), intended to make the indicator’s signals easier to compare with price action. It proposes treating a change in the indicator’s color as a signal, with four color-change types available.

The material is only a brief usage note. It gives no definition of the four types, entry or exit rules, market or timeframe guidance, performance evidence, or risk controls. Traders would need to inspect the indicator and evaluate its signals independently before using them.

Key ideas

  • QQE is presented in a format that places its signals against price action.
  • A change in color can be used as a signal.
  • The document mentions four color-change types but does not explain them.
  • No performance evidence or trading rules are provided.

Tags

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