Using RSI of a Moving Average in a QQE Indicator

Summary

This short indicator description presents a variant of Quantitative Qualitative Estimation (QQE). Instead of applying the usual QQE calculation to RSI, it uses RSI of a moving average, described in the source as Rsi(oma). The author says this substitution produces results that differ substantially from standard QQE and suggests that the variant may be usable in trading.

The only proposed way to use it is to treat a change in the indicator’s color as a signal. The document provides no calculation settings, definition of the color states, entry or exit rules, chart examples, backtest, or performance evidence. It therefore introduces an indicator idea rather than a complete strategy, and traders would need to define and test the signal before relying on it.

Key ideas

• The indicator substitutes RSI of a moving average for the RSI input used by conventional QQE.
• The author reports that this change produces results different from standard QQE.
• Color changes are suggested as trading signals, but the signal rules are not specified.
• The document provides no backtest or evidence of trading performance.

Tags

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