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已更新 Didi Index Improved with QQE | jh

I was perplexed by the lack of continuation signals in trends, so I spent some time looking for a suitable indicator just for that purpose and fast indicators that can provide continuation signals tend to be too noisy as well.
I'm always intrigued by QQE (Qualitative Quantitative Estimation), so I QQE-ed almost everything I encountered.
After a while, I settled on Didi Index and enhanced it by adding an additional signal line calculated from QQE trailing line. The QQE trailing line provides additional cross overs for the short/fast Didi line, specially created for the NNFX continuation signals in the same direction.
The QQE trailing line acts as zero cross, providing an additional filter for ranging periods.
There's a few ways of identifying the cross overs:

Example of continuation trades

Example of filtering bad signals from your baseline, confirmation or continuation signals.
Credits to Glaz and Shizaru for their QQE code.
I'm always intrigued by QQE (Qualitative Quantitative Estimation), so I QQE-ed almost everything I encountered.
After a while, I settled on Didi Index and enhanced it by adding an additional signal line calculated from QQE trailing line. The QQE trailing line provides additional cross overs for the short/fast Didi line, specially created for the NNFX continuation signals in the same direction.
The QQE trailing line acts as zero cross, providing an additional filter for ranging periods.
There's a few ways of identifying the cross overs:
- Didi cross overs signals are highlighted with shapes at the top.
- Didi long signal when fast and slow Didi crosses above zero
- Didi short signal when fast and slow Didi crosses below zero
- Continuation signals are highlighted with shapes at the bottom.
- Continuation long signal when Didi fast line cross over QQE trailing line
- Continuation short signal when Didi fast line cross under QQE trailing line
Example of continuation trades
Example of filtering bad signals from your baseline, confirmation or continuation signals.
Credits to Glaz and Shizaru for their QQE code.
發行說明
The original use of this indicator is to look for both lines separating from the zero line for a strong confirmation. If you plot 3, 8, 20 MA on the price, the stronger moves are when all 3 lines open up, 3 moves away from 8, 8 moves away from 20.I'm offering an alternative use of this versatile indicator.
Adding more instructions on using this improved Didi Index indicator.
3 Main Lines
- Original Fast Didi in Green (Curta / Short)
- Original Slow Didi in Red (Longa / Long)
- QQE Trailing line using + crosses, green for long direction, red for short direction
Enhanced the shapes to indicate strong and weak signals
Recap
- Didi cross overs signals are highlighted with shapes at the top
- Didi long signal when fast and slow Didi crosses above zero in triangle up
- Didi short signal when fast and slow Didi crosses below zero in triangle down
- False signals in X crosses, green for long, red for short
Continuation signals are highlighted with shapes at the bottom. - Continuation long signal when Didi fast line cross over QQE trailing line in triangle up
- Continuation short signal when Didi fast line cross under QQE trailing line in triangle down
- Counter trend signals against the direction in X crosses, green for long, red for short
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本著TradingView的真正精神,此腳本的創建者將其開源,以便交易者可以查看和驗證其功能。向作者致敬!雖然您可以免費使用它,但請記住,重新發佈程式碼必須遵守我們的網站規則。
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這些資訊和出版物並不意味著也不構成TradingView提供或認可的金融、投資、交易或其他類型的意見或建議。請在使用條款閱讀更多資訊。
開源腳本
本著TradingView的真正精神,此腳本的創建者將其開源,以便交易者可以查看和驗證其功能。向作者致敬!雖然您可以免費使用它,但請記住,重新發佈程式碼必須遵守我們的網站規則。
免責聲明
這些資訊和出版物並不意味著也不構成TradingView提供或認可的金融、投資、交易或其他類型的意見或建議。請在使用條款閱讀更多資訊。