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A unique trend-following method is the QQE Smoothed Forex Indicator System.
It includes the following indicators: RVI CFB Adaptive, QQE PCM Smoothed, period 11 and 25 Exponential Moving Averages.
There are numerous timeframes and currency pairs that this indicator method works with.
How does it function? How do you use it in trading?
Reasons for Trading Regulations
Bye Entry
Open a long position when the following criteria are satisfied:
- Period 11 SMA spans 25 intervals. a positive SMA;
- PQE QQE Value of the smoothed signal exceeds 50 levels; RVI CFB the adaptive value exceeds 50 levels;
- Put your stop loss a few pip below the low of the previous swing.
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Sell Entry
Open a short position when the following criteria are satisfied:
- Period 11 SMA spans 25 intervals. SMA in the negative;
- RVI CFB Adaptive value drops below 50 levels as well as QQE PCM Smoothed signal value.
- Put your stop-loss a few pip’s above the high of the previous swing.
Trade closure / profit taking
When the opposing signal emerges, close your open position or employ your preferred method of trade exit.
As usual, use wise money management to get the best outcomes.
How to set up the Forex Trend & Breakout Indicator System in MT4?
Files Contains
Indicators:
- QQE Pcm smoothed new histo + alerts.mq4
- QQE Pcm smoothed new histo + alerts.ex4
- Rvi on Jurik cfb adaptive correct.mq4
- Rvi on Jurik cfb adaptive correct.ex4
Templates:
- QQE Smoothed Forex System. tpl
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 | No Minimum Deposit ECN Acount No Commission | |
 | Min Deposit of 20$ |
Installer’s Manual
Files for forex indicator downloads should be copied and pasted into the MT4 trading platform’s MQL4 folder.
By choosing one of the following items from the top menu, you can access this folder:
Copy and paste the MQL4 > mt4 Indicators command from the File menu.
Copy and paste the forex template file into the Templates folder in a same manner.
After that, right-click the MT4 chart and then select Templates. Left-click the name of the template you want to execute from the list of available indication systems that will have been displayed.
Bottom Line
It is worthwhile to add the QQE Smoothed Forex Indicator System to your toolkit for forex trading, but keep your expectations grounded. It cannot always produce forex-accurate signals, just like any other technical analysis instrument. As a result, it will occasionally provide false entry signals. Additionally, depending on the state of the market, its performance will vary considerably.
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