Qhov taw qhia Forex QQE MTF meej v5 is an oscillatory type of indicator. It oscillates giving the indication of either a down trend or an uptrend.
Oscillation indicators are sometimes the best indicators since they tend to indicate even the slightest swings in the market prices as compared to trend indicators that only show the trend in the market. With oscillatory indicators, they sync with the market.
Understanding the indicator.
Now back to the indicator! The QQE Alert MTF v5 indicator is displayed on a separate window below the main trading chart. It is made up of three lines that are of different colors. The three lines oscillate about a line. Unlike most of the other oscillatory indicators, this indicator oscillates about a line at a level of 50 of the vertical scale of the indicator’s chart rather than the zero line.
The vertical scale of the indicators window is dynamic rather than static. It varies depending on the market levels and trend.
Fig.1. The QQE Alert MTF v5 indicator
The indicator also has alert capabilities of when the line crosses the level of fifty and when the lines cross. However this alerts are by default set as false meaning they are not given. It will need the trader to set them as true for them to be produced. These alerts can either be in the form of email, in the form of an alert sound or both depending on which you set as true.
The indicator is also responsible for providing pop up messages when the QQE lines cross the 50 level moving upwards or downwards, when the QQE lines cross each other up or down, when the QQE lines cross the 50 level upwards and the QQE line cross and when the QQE lines cross the 50 level downwards and the QQE line cross.
Using the QQE Alert MTF v5 indicators in placing and closing trades.
The trader should take note of when the QQE cross the fifty level either moving upwards or downwards. These are the trading signals. When the QQE crosses the 50 level downwards, the trader should be prepared to place a sell order. When the QQE crosses the 50 level upwards, the the trader should be prepared to place a buy order.
You should note that the red line is below all the other lines when the QQE crosses the 50 level moving downwards and the same red line is above all other lines when the QQE crosses the 50 level moving upwards.
The trader should place the sell or buy in the beginning of the next candlestick that forms after the level of 50 is crossed.
Fig.2. Placing and closing orders using the QQE Alert MTF v5 indicator.
The sell order should be closed when any of the other lines cross the red line downwards while the buy order should be closed when any of the other lines crosses the red line upwards.
Forex indicators, As ces – Cov lus qhia
QQE Alert MTF v5 Forex Indicator is a Metatrader 4 (MT4) qhov taw qhia thiab cov essence ntawm tus forex cim yog txia ua cov ntaub ntawv keeb kwm accumulated.
QQE Alert MTF v5 Forex Indicator provides for an opportunity to detect various peculiarities and patterns in price dynamics which are invisible to the naked eye.
Raws li cov lus qhia no, traders muaj kev pov plob ntxiv nqe zog kom lawv zoo kho kom haum.
Tsis zoo li qub template ntaub ntawv (.tpl), Yog hais tias muaj ib yam, Thaum ua ntaub ntawv thov/qhib cov ntaub ntawv ceev/templates.
How to install QQE Alert MTF v5 Forex Indicator.mq4?
- Download QQE Alert MTF v5 Forex Indicator.mq4
- Copy QQE Alert MTF v5 Forex Indicator.mq4 to your Metatrader Directory / ntawm cov kws txawj / indicators, As /
- Updated 10/22/07/f.Triplett koj Metatrader neeg pib lossis kev pab
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- Nrhiav “Kev cai indicators, As” hauv koj Navigator feem coob nyob hauv koj tus Metatrader Client
- Right click on QQE Alert MTF v5 Forex Indicator.mq4
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- Indicator QQE Alert MTF v5 Forex Indicator.mq4 is available on your Chart
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QQE Alert MTF v5