QQE (Qualitative Quantitative Estimation)

Category: momentum

Qualitative Quantitative Estimation (QQE) uses a smoothed RSI and a trailing volatility band based on an ATR of that RSI to identify momentum shifts.

Formula

1. RSI\_MA = EMA(RSI(14), SF) \n2. ATR\_RSI = |RSI\_MA_{prev} - RSI\_MA| \n3. DAR = EMA(EMA(ATR\_RSI, 27), 27) * 4.236 \n4. Trailing\_Band: Adjusts based on whether RSI\_MA is above or below trailing level, restricted by volatility DAR.

Inputs

• SF (default: 5)
• UpperTimeframe (default: PERIOD_CURRENT)

See signal primitives, usage in published strategies and more on WOBR StrategyVerse.