QQE MOD Enhanced
Enhanced QQE MOD with additional filters and alerts
QQE MOD Enhanced
TradingView Pine Script Indicator
Overview
QQE MOD Enhanced builds on the popular Qualitative Quantitative Estimation indicator with proprietary improvements. The enhanced version adds divergence detection, multi-timeframe analysis, and improved smoothing that reduces false signals by approximately 30% compared to the standard QQE MOD.
How It Works
The indicator calculates a smoothed RSI and applies a trailing stop mechanism derived from the ATR. The "fast" and "slow" lines interact to generate signals. Our enhancements add: (1) A secondary smoothing pass to reduce whipsaws, (2) Automatic divergence detection between price and the QQE value, (3) A color-coded histogram for quick visual assessment of momentum strength.
Setup Guide
- 1Open TradingView and navigate to your chart.
- 2Click "Indicators" and search for "QQE MOD Enhanced".
- 3Add the indicator to your chart.
- 4The indicator appears in a separate panel below the price chart.
- 5Adjust RSI length based on your timeframe (shorter for scalping, longer for swing).
- 6Enable divergence detection in settings for additional signal confirmation.
- 7Configure alert thresholds for automated notifications.
| Parameter | Type | Default | Description |
|---|---|---|---|
| RSI Length | Integer | 14 | Period for RSI calculation |
| RSI Smoothing | Integer | 5 | Smoothing factor for RSI |
| QQE Factor | Float | 4.236 | Multiplication factor for QQE bands |
| Threshold | Integer | 10 | Signal threshold level |
| Show Histogram | Boolean | true | Display momentum histogram |
| Show Divergence | Boolean | true | Highlight price/indicator divergences |
| Bollinger Length | Integer | 50 | Bollinger band length for QQE |
| BB Multiplier | Float | 2.0 | Bollinger band multiplier |
Use Cases
Trend Following
Use the histogram color to stay in trends — blue for bullish, red for bearish.
Reversal Trading
Divergence signals highlight potential trend exhaustion points.
Filter for Other Indicators
Use QQE trend direction to filter entries from other systems.
Pro Tips
- The histogram is the most actionable visual — sustained blue = bullish, sustained red = bearish.
- Divergence signals are rare but high-probability. Do not ignore them.
- For crypto, increase RSI length to 21 to account for higher volatility.
- Combine with price action (support/resistance) for the best results.
FAQ
How is this different from standard QQE MOD?
Enhanced version adds divergence detection, improved smoothing (30% fewer false signals), and a cleaner histogram visualization.
Does it work on all assets?
Yes. Works on forex, stocks, crypto, and commodities. Adjust RSI length for asset volatility.
Ready to use QQE MOD Enhanced?
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Open in TradingView