💥 QQE Indicator To Cath The Bitcoin Bullrun Top 2024 💥 #bitcointa #bitcointop #bitcoinnews
Today, we cover our 3rd video of a Series of Videos of Indicators on How To Sell on the Bitcoin Bullrun Top of this cycle. This time we cover a great indicator called QQE, which helps us to catch reversal trends and has a good percentage of effectiveness in big timeframes. QQE Indicator Bitcoin Bullrun Top.
The Quantitative Qualitative Estimation (QQE) indicator is derived from Wilder’s famous Relative Strength Index (RSI). In essence, the QQE is a heavily smoothed RSI. The QQE Weighted Oscillator is comprised of a smoothed RSI oscillator and a trailing stop derived from this same RSI. The oscillator can be used to indicate whether the market is overbought/oversold as well as an early indication of trend reversals thanks to the leading nature of the RSI.
The QQE Weighted Oscillator improves on its original version by weighting the RSI based on the indications given by the trailing stop, requiring more effort for a cross with the trailing stop to occur.
1) Find the Indicator here. And add it to your Favourites:
https://www.tradingview.com/script/aRxQ1g82-QQE-Weighted-Oscillator-LuxAlgo/
2) QQE information in general:
https://www.definedgesecurities.com/library/qqe/
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