HOG QQE Candles

HOG QQE Candles

📊 Overview
A lightweight overlay that visually reflects RSI/QQE dynamics through color-coded candles. Designed for traders who want quick insight into momentum shifts — without opening a separate oscillator panel.

⚙️ How It Works
• Calculates smoothed RSI using QQE-style EMA
• Colors candles green for Overbought (OB), red for Oversold (OS)
• Colors candles blue on midline cross up (bullish), orange on cross down (bearish)
• OB/OS levels and midline signals are fully configurable
• Optional toggle for highlighting midline crosses

🎯 Inputs
• RSI Length
• QQE Smoothing
• Overbought / Oversold Levels
• Toggle: Show Midline Cross Highlights
• Toggle: Color OB/OS Candles

✅ Benefits
• No subwindow clutter — signals directly on price
• Clear OB/OS candles help identify exhaustion
• Midline color shifts reveal fresh momentum early
• Makes RSI/QQE readable at a glance
• Works great as a visual enhancer for trend or volume-based systems

📈 Use Cases
• Spot trend exhaustion during strong moves
• Confirm entry/exit with RSI midline cross
• Layer with trend overlays (e.g., EMAs, Supertrend)
• Ideal for minimal or clean chart setups

⚠️ Notes
• Candle color precedence: Midline cross > OB/OS
• Signal strength varies by timeframe and asset
• Best used as a visual companion, not standalone entry trigger