IFX_QQE indicator
IFX_QQE is a technical indicator for MetaTrader that traders can apply on the forex market. QQE was invented on the basis of developed and modified RSI by famous Russian trader Roman Ignatov.
The legend in the InstaSpot team!
Legend! You think that's bombastic rhetoric? But how should we call a man, who became the first Asian to win the junior world chess championship at 18 and who became the first Indian Grandmaster at 19? That was the start of a hard path to the World Champion title for Viswanathan Anand, the man who became a part of history of chess forever. Now one more legend in the InstaSpot team!
Borussia is one of the most titled football clubs in Germany, which has repeatedly proved to fans: the spirit of competition and leadership will certainly lead to success. Trade in the same way that sports professionals play the game: confidently and actively. Keep a "pass" from Borussia FC and be in the lead with InstaSpot!
IFX_QQE is a technical indicator for MetaTrader that traders can apply on the forex market. QQE was invented on the basis of developed and modified RSI by famous Russian trader Roman Ignatov.
Rsi_r:= (rsiprice – ref(rsiprice,-1));
Rsi_rs:= Wilders(if(rsi_r>0,rsi_r,0),rsiperiods) / Wilders(if(rsi_r<0,Abs(rsi_r),0),rsiperiods);
RSIndex:= Mov((100-(100/(1+rsi_rs))),SF,ST);
1. A buy signal is formed when the red line of IFX_QQE crosses the green line of the indicator upward. The upward crossing of 50 level by the green line is also considered as a buy signal.
2. A sell signal is created when the red line of IFX_QQE crosses the green line of the indicator downward. The downward crossing of 50 level by the green line also indicates a sell signal.
SmoothFactor - 5
