OPEN-SOURCE SCRIPT

QQE Strategy with Risk Management

This Pine Script is designed to transform Kıvanç Özbilgiç’s QQE indicator into a complete trading strategy. The script uses the QQE indicator to generate buy and sell signals, while integrating robust risk management mechanisms.

Key Features of the Strategy:
1. QQE Indicator-Based Signals:
• Buy (Long): Triggered when the fast QQE line (QQEF) crosses above the slow QQE line (QQES).
• Sell (Short): Triggered when the fast QQE line (QQEF) crosses below the slow QQE line (QQES).
2. Risk Management:
• ATR-Based Stop-Loss and Take-Profit: Dynamically calculated levels to limit losses and maximize profits.
• Trailing Stop: Adjusts stop-loss levels as the position moves into profit, ensuring gains are protected.
• Position Sizing: Automatically calculates position size based on a percentage of account equity.
3. Additions:
• The script enhances the indicator by introducing position entry/exit logic, risk management tools, and ATR-based calculations, making it a comprehensive trading strategy.

This strategy provides a robust framework for leveraging the QQE indicator in automated trading, ensuring effective trend detection and risk control.
Breadth IndicatorsMoving AveragesVolatility

Skrypt open-source

W prawdziwym duchu TradingView autor tego skryptu opublikował go jako open source, aby inwestorzy mogli go zrozumieć i zweryfikować. Pozdrowienia dla autora! Możesz go używać bezpłatnie, ale ponowne użycie tego kodu w publikacji podlega Zasadom Regulaminu. Możesz go oznaczyć jako ulubione, aby użyć go na wykresie.

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