The NON-Repaint FREE QQE Intraday Scalping Indicator for MetaTrader provides simple buy/sell signals. Intraday scaling will work well with this setup. It makes use of the Trading Zone (Traders Zone with MaCD Color), the QQE Indicator, the Bband Signals, and the support resistance.
It is a flexible trend-following forex trading strategy that works with a variety of timeframe charts and can be used to trade a variety of forex currency pairings.
QQE Intraday Scalping was created to make trading easier and more straightforward. Because of the sophisticated trading technology, it is even more creative and quick. and yet so simple to use. The software will compute the market for you, so you won’t need to.
The QQE indicator can provide trading indications that you can use as-is or further filter with further chart research, which is advised. Although this strategy can be used by traders of all experience levels, it may be helpful to practice trading on an MT4 demo account first until you are reliable and self-assured enough to trade in real time.
Any Forex currency pair as well as other assets including equities, commodities, cryptocurrencies, precious metals, oil, gas, etc. can be traded using the intraday scaling indicator. Additionally, you may use it on any time frame that works best for you, from 1-minute charts to 1-hour charts. On M15 or M30 timeframes, it performs best.
Indicators Trading rules
On the M15 or M30 timeframes, it performs admirably for scalping and day trading. But if you like, you may also apply this to the charts for one hour. We also advise experimenting with new approaches and changing (adding or deleting) indicators to suit your needs.
Buy
- Buy Arrow alert at BBStop.
- QQE over the 50-line region.
- The MACD crossed to the up side at 0.
Sell
- Sell Arrow alert from BBStop.
- Below the 50 lines, QQE.
- The MACD has crossed 0 to the downside.
Exit
The H4 Support and Resistance Indicator is at this level. Depending on the time frame, you can exit at the opposite arrow, the upper or lower bands, the middle band, or with a predetermined profit target. Any of these techniques, or even all of them, can be used to end deals.