Qqe forex indicator

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Qqe forex indicatorTunnel Dragon Forex Trading strategy

1 Hour or above

True Range Envelops (Default)

QQE (SF: 5)

Masah (Smooth: 1, Bars: 3000, X_filtr: 15, Progression: 1, Len:1, Sensitivity: 1, Type Price: 0)

Long Position:

The rules for long entry are as follows.

First profit target 40pips, Second profit target 70 pips.

Tunnel Dragon Forex Trading strategy Buy Signal

In the picture above you can see that the price candle closes above the TRE middle line. QQE signal lines crosses over the red line while the U line is over the D line. That is your buy (long) signal. You can adjust your profit targets according to fibo levels or if there is historical support/resistance zone nearby.