The QQE Synergy Trend Universal Trading Strategy
QQE Synergy Trend is a trading algorithm based on the interaction of effective indicators. The strategy is based on trading during a certain market trend. Thus, the indicators included in it are trend indicators, they determine the direction of the current trend and allow open positions in this period. The signals of the indicators of the QQE Synergy Trend strategy are effective and accurate, since the indicators included in its composition confirm each other, forming a common signal.
The QQE Synergy Trend strategy is suitable for any currency pairs and timeframes from M15 to D1.
The QQE Synergy Trend strategy includes only two indicators, and both of them are trend indicators. Their strategy values are mainly used by default, while their values should be consistent with the selected timeframe and currency pair.
- QQE is an indicator of the technical analysis of the market. The default value is 5, but it should be also added a signal level of 50.
- Indicator Arrows - trend arrow indicator based on a combination of MACD and MA. The values remain unchanged.
Trading with QQE Synergy Trend strategy
Using the QQE Synergy Trend strategy does not require much effort, as it includes very convenient and easy-to-use indicators. To open a certain trade, first, using the QQE indicator, the direction of the trend is determined, while Indicator Arrows determines the right moment, namely, it indicates the signal candle on which the trade is opened at that moment. Moreover, if the indicators diverge in the signals, the trade is temporarily not opened. If the trend is upward, long positions are opened, if the trend is downward, short positions are opened. When the trend direction changes, trades are closed.
Conditions for Buy trades:
- The main line of the QQE indicator is above the signal line, while both lines are moving up, rising above the level of 50.
- On a signal candle, Indicator Arrows forms an arrow pointing up and having a color with a growth value.
Upon receipt of such conditions, a buy trade can be opened on a signal bullish candle, due to the presence of an uptrend in the current market. Stop loss is set at the point of a recent local extremum. Such a trade should be closed upon receiving the opposite condition from at least one indicator of the strategy. At this moment, a change in the current trend is possible, which will allow considering the opening of new trades.
Signal for Sell trades:
- The QQE indicator is moving down, below the level of 50, while its signal line is above the main one.
- Above the signal candle, Indicator Arrows forms an arrow pointing down.
A sell trade can be opened when a full combination of such conditions is received on a bearish signal candle. At this moment, a downtrend is determined in the market. Stop loss should be set at the local extremum point. It should be closed the trade when the trend direction changes, namely at the moment of receiving a return signal from one of the indicators. At this moment, it can be considered opening new trades.
The QQE Synergy Trend strategy is effective, as it is based on very accurate indicators, the combination of which is very successful. The strategy is also very easy to use, but at the same time, preliminary practice on a demo account is required to gain the necessary trading skills and master the algorithm for applying the strategy.
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