Using RSI of a Moving Average in a QQE-Style Chart Indicator

Summary

This brief indicator note describes a QQE variant that applies RSI to a moving average rather than to price directly. It says this change produces results that differ substantially from conventional QQE and presents the modified indicator directly overlaid on the price chart. The suggested use is to interpret changes in the plotted color as potential trading signals.

The note gives no calculation details, parameter settings, instruments, timeframes, entry or exit rules, or examples of signal behavior. It also provides no backtest or other evidence supporting its claim that the plotted results appear acceptable. Because the underlying indicator specification and color-change interpretation are left undefined, the description is best treated as a high-level idea for further investigation rather than a reproducible trading method. A trader would need to define the moving average, RSI and QQE parameters, and test the signals against costs and alternative settings.

Key ideas

• This QQE variant calculates RSI from a moving average instead of directly from price.
• The author says the modified calculation behaves differently from standard QQE.
• The indicator is displayed on the price chart, with color changes proposed as signals.
• The note supplies no parameters, formal signal rules, or performance evidence.

Tags

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