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@EarnForex
EarnForex authored Mar 20, 2022
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# QQE
QQE or Quantitative Qualitative Estimation is a smoothed oscillator indicator akin to MACD.

QQE (Quantitative Qualitative Estimation) is a custom oscillator indicator based on RSI, MA, and ATR for MT4 and MT5, coded by EarnForex.com. The indicator is based on early versions by Roman Ignatov and Tim Hyder. QQE gives signals based on the cross of the neutral level of 50.

QQE can be configured using the main smoothing factor and alert parameters.

![Quantitative Qualitative Estimation indicator found some trend reversals on this short-term Bitcoin chart](https://github.com/EarnForex/QQE/blob/main/README_Images/qqe-detects-trend-reversals-bitcoin.png)

More information about this custom MetaTrader indicator is available here: https://www.earnforex.com/metatrader-indicators/QQE/

Any contributions to the code are welcome!

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