New EA LOW DD EA

Thanks

 

Indicator has some bug. Can not use it.

 

YES

 

Dear Mr. Tanaka,

Can you kindly make an EA out of this indicator. Thank you.



QQE is an abbreviation for the Qualitative Quantitative Estimation. The indicator is based on RSI enhanced using a smoothing technique. Unlike most indicators, Qqe has withstood the test of time regarding volatility changes, especially after the famous 2008 global financial crisis. Better still, it has no lag and rarely produces false signals.

Trend Trading
The indicator is used to determine the trend. If the indicator is moving above the 50 levels, it is an indication that the trend is an ascending/bullish market. Therefore, you should be looking to buy. This means you can use the indicator as a trade filter by opening a long position when the indicator is above the 50-value level and a short position for lower values.

Overbought and oversold positions
You can use the indicator to identify when the price is on oversold and overbought positions. Therefore, when the indicator surpasses the 70 levels, it is a sign of a strong market perfect for a long position. Similarly, you can take a short position if the indicator goes towards negative values.

Divergence
The indicator can help detect price and momentum divergence. For instance, a bullish divergence occurs when the Qqe indicator sets higher lows, but the prices form lower lows. This is a signal of impending bullish reversal.

Contrastingly, a bearish divergence occurs when the Qqe is farming lower highs, but the prices set higher highs indicating a potential bullish reversal.

Also, when the bold line crosses the trailing line, it is an indication of changing momentum. When the bold line crosses above the slow trailing line, it is a tell-tale sign of bullish momentums. Similarly, when the smooth line crosses below the trailing line, it indicates short-term downside momentum.


Thank you for your time and effort. God bless you!

 

tanaka akiko can u recommend me what the most profit ea the last i use is EA Tesshinsho but since i dont know it outdate or not because blue line it not update if market update the price here the EA tesshinso is good profit but in real it not great

 

This is my review for this thread:
Super

 

many thanks, i will test and see if this ea can be interesting. thank you again for your efforts!

 

Hello Mr. tanaka akiko

Can u make EA from this indicator? i'm not sure where i get it this indicator, but i already forward test around 2 weeks on XAUUSD in TF H1 about this indicator and it's really not repaint. Entry based on signal that appears. And close the entry based on the opposite signal. Sometimes, it's give two or three signal but just follow the signal on the entry. Maybe if it's work, it's can help more people on this forum to make it money. Thank you.

 

Tried this yesterday not opening trades. Will continue test this coming week.

 

No, because a good EA should make profit without MG

 

please make him an EA he is part of the other indicator but works alone
thanks tanaka

 

I think it's been done before by Mr. Tanaka?

 

please share if you have it . this is actually different i think

 

captainamericaEA did not open any trades for me. how did you solve the problem?

 

ok

 

Can you please show me where to enter and exit the process by drawing on the photo bro?

 

tanaka akiko
poderia prestar atenção a este indicador e criar um ea

 

M Tanaka could you please an EA using this indicator?
https://www.mql5.com/en/market/product/57759?source=Site+Market+MT4+Indicator+Free+Rating006#

 

This is very good indicator, it doesn't repaint, but ea is placing orders regardless of indy.
Mr. Tanaka could you look into the code, this indy could be used as trend and as indy for placing the orders. In this case lines 0,1 should be used as trend line, and those little circles (4,5), could be used for placing the orders as per blue and red line.
thx!

 

It looks good.
Please make sure you have the indicator in your MT4 Market folder.



Opposite signal close =true