About:
QQE Twin Pulse is greatest for people who find themselves utilizing QQE with their present buying and selling methods to validate developments.
It’s an oscillator that mixes two QQE calculations with Bollinger Band filtering to determine high-probability buying and selling indicators.
This indicator helps merchants spot momentum shifts and development modifications with lowered false indicators.
What’s QQE and QQE Mod?
QQE authentic: is an enhanced model of the RSI (Relative Power Index) that applies further smoothing and dynamic thresholds.
Not like customary RSI, QQE adapts to market volatility through the use of ATR (Common True Vary) calculations to create dynamic help and resistance ranges.
QQE Mod:
It makes use of two QQEs, one displayed as a histogram and the opposite hidden, to additional improve sign reliability.
If Smoothed RSI crosses exterior Bollinger bands, then the histogram will probably be coloured, else it is going to be greyed out.
Parts:
Sign Interpretation
Main QQE System is for Development affirmation and momentum evaluation
Sturdy Indicators (Coloured Bars)
- Inexperienced Bars: Bullish sign – Secondary QQE above threshold AND Main QQE above Bollinger higher band
- Crimson Bars: Bearish sign – Secondary QQE under threshold AND Main QQE under Bollinger decrease band
Impartial Situations (Grey Bars)
- Grey Bars: No clear directional bias
- Happens when Secondary QQE is inside threshold vary
- Or when Bollinger Band circumstances aren’t met
Secondary QQE System is for Sign technology and entry timing
Zero Line Crosses
- Above Zero: Typically bullish momentum
- Under Zero: Typically bearish momentum
- Zero Cross: Potential momentum shift (non-compulsory alerts obtainable)
Use Main RSI and Secondary RSI on chart solely when you’ll want to see the RSI traces to match.
Main RSI is used to find out if we’re in excessive circumstances by way of Bollinger Bands. To paint the histogram crimson/inexperienced
Secondary RSI creates the precise coloured histogram bars you see.
Key Settings Defined
Main QQE Settings
- RSI Size (6): Interval for RSI calculation
- RSI Smoothing (5): EMA smoothing of RSI values
- QQE Issue (3.0): Multiplier for ATR-based bands
- Threshold (3.0): Minimal stage for sign validation
Secondary QQE Settings
- QQE Issue (1.61): Decrease sensitivity for development line
- Different settings usually match main for consistency
Bollinger Bands
- Size (50): Interval for shifting common calculation
- Multiplier (0.35): Customary deviation multiplier (decrease = tighter bands)
All colours are customizable.
Alerts:
At present alerts are just for the Crimson/Inexperienced histogram switching. There aren’t any alerts for the secondary QQE orange line.
Conclusion:
- Watch the histogram colours: Crimson/Inexperienced bars point out high-confidence indicators
- Monitor the orange line: Exhibits secondary development course
- Word zero line place: Signifies total momentum bias
- Search for convergence: When each QQE programs align, indicators are stronger
You should utilize the Indicator to search out ongoing development for vaildation, or to see when development is probably slowing down. Or for reversals and it’ll assist you to filter out market noise.