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QQE Synergy Trend Forex Trading Strategy

Many people think that trading is the same as gambling and there is no difference from casino gambling. Some even say that trading is simply a glorified form of gambling that allows people to gamble guilt-free.

Well, trading is not gambling. If that's the case, no one can make a career out of it and stay in the game for the long haul. The truth is that there are many traders who are consistently profitable and make a living from it.

While trading is not a game of chance, it does have some things in common. In fact, many professional traders can say that trading is gambling simply because they make themselves a casino. Even though gambling is a game of chance, casinos use odds to make sure they are profitable. They will make sure that they have a statistical advantage that allows them to be on top when played hundreds or thousands of times. Traders also think the same. Traders are looking for profits that allow them to profit in the long run based on statistics. All they have to do is apply the law of large numbers.

One way to increase your statistical advantage is to search for encounters. Confluences are points on a price chart that allow technical traders to see two or more indicators that the price is moving in a certain direction.

QQE Synergy Trend Forex Trading Strategy is a trading strategy at the confluence derived from two high probability technical indicators. When these two technical indicators agree on a trading direction almost simultaneously, there is a high probability that the price will move in the specified direction.

Qualitative quantitative estimation

Qualitative Quantitative Estimation (QQE) belongs to a rare class of technical indicators that have performed consistently for decades in most market conditions. It is a trend following indicator which shows trend direction and trend reversal very effectively.

QQE is mostly based on the Relative Strength Index (RSI), which is also a very effective technical indicator of oscillations. The difference between QQE and RSI is that QQE applies a smoothing effect which allows traders to see trend direction and trend reversal more clearly.

QQE is represented as an oscillating line that can range from 0 to 100 with a center line at 50. It draws two lines. The main line is a solid blue line and the signal line is a dotted yellow line.

The positive line generally indicates the direction of the bullish trend, while the negative line generally indicates the direction of the bearish trend. However, if the line is drawn away from the midline, there is also a high probability that the price will return to its mathematical mean.

Trends can also be identified based on the position of the two lines. When the solid blue line is above the yellow dotted line, the market is in an uptrend. When the blue solid line is below the yellow dotted line, the market is in a bearish trend. A cross between two lines can be seen as a trend reversal signal.

indicator arrow

The Arrow indicator is a special technical indicator which is also a trend following indicator. It generates trend reversal signals based on the confluence of the convergence and divergence of the modified moving average (MACD) and the exponential moving average (EMA).

This indicator provides an entry signal when it detects a trend reversal starting from the underlying MACD and EMA parameters. It draws an upward arrow when it detects a bullish trend reversal. It also draws a downward arrow when a bearish trend reversal is detected.

Since this indicator is also based on confluence, it also produces very reliable trend reversal signals and has a high probability of pointing to the actual trend.