The QQE Trend Color Histogram Strategy is a trend momentum strategy based on trend arrow filtered by Trender Color Histogram and QQE.
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- Use a demo account or a small live account first to practice this trading system
This is a very easy and simple strategy.
- TimeFrames: M5, M15, M30, H1, H4 or higher
- Currency Pairs: Majors Pairs, Minors, Indices, Gold
- QQE
- Trend Histogram
- Trend arrow (3, 12, 2)
- StepMA
- Trend Buzzer
- QQE Bullish (white line above blue line)
- Trend Histogram green color and above zero
- Trend Histogram Color (Red down momentum, yellow flat momentum, green uptrend momentum)
- Trend arrow (3, 12, 2) BUY
- StepMA lime color
- Trend Buzzer lime color
- QQE Bearish (white line below red line)
- Trend Histogram red color and below zero
- Trend Histogram Color (Red down momentum, yellow flat momentum, green uptrend momentum)
- Trend arrow (3, 12, 2) SELL
- StepMA orange color
- Trend Buzzer orange color
Trend Histogram color is an indicator that you can use also for contrarian trading but this is not the purpose of the trading system.
Exit at the opposite trend arrow or with profit target predetermined.
Take the initial stop loss on the previous swing low for BUY or previous swing high for SELL.