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QQE Forex Trading Oscillator

QQE is an oscillator Forex indicator written for Metatrader 4 that delivers solid bullish and bearish trading signals.

Values above the 50 line are considered to be bullish, values below the 50 line are considered to be bearish.

Use the inputs tab to modify alerts and time frame.

Trading Signals

Buy: QQE crossed 50 line up

Sell: QQE crosses 50 line down

Tip: Use a trend indicator (moving averages, Bollinger Bands, Parabolic SAR) or analysis tool to determine the trend.

Use signals from the QQE indicator in the direction of the trend and ignore counter-trend signals.

Indicator Preferences

Currency pairs: any

Preferred Time frames: any

Sessions: any


Download the QQE.ex4 indicator.

Configurable Indicator Options

TimeFrame, CrossFiftyAlert, CrossFiftyEmail, colors

USD/JPY Daily Chart Example

QQE forex oscillator indicator

How to install the QQE custom indicator in Metatrader 4?

  • Download the QQE.ex4 indicator to your computer.
  • Open your Metatrader 4 platform.
  • Open the data folder from the top menu.
  • Open the MQL4 folder.
  • Open the indicators folder.
  • Paste the indicator file in this folder.
  • Restart the trading platform.
  • Open any trading chart.
  • Attach the indicator to the chart.