This is an improved version of the existing QQE. Its performs better because it relies on Williams %R instead of the RSI. The simplicity of the Williams %R gives the QQE better performance resulting in less false signals. It works across all instruments, especially volatile ones.
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Nothing new yet.
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Added a horizontal line. Default level is set to -50.
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- Removed zero line - SF parameter renamed to "Slow Factor"
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Changes made include... -Increased color opacity of W%R and QQE lines -Tweaked formula so now QQE WR's values are positive.
Anyone reading please note this is a fantastic exit indicator. You may need to tweak the settings a bit, but it get's you out of a trend at a great time.