![qqe [v02] and qqe multi-timeframe [v02]](/images/9997.webp)
qqe [v02] and qqe multi-timeframe [v02]
Info
The qqe [v02] and qqe multi-timeframe [v02] is a Indicator for MetaTrader 5 that the qqe and qqe mtf indicators are based on the original qqe. mq5 by earnforex, which was released in 2026.
Usage
This tool is typically used for enhancing chart analysis and decision making.
Platform
This Indicator works exclusively on MetaTrader 5 (both build 600+ and newer versions).
Setup
Place the downloaded file in MQL5/Indicators folder via File ? Open Data Folder in MetaTrader 5.
How to Install and Use qqe [v02] and qqe multi-timeframe [v02]
1. Installation: Place your file in the MQL/Indicators folder via "Open Data Folder" and restart your terminal.
2. Loading: Find the indicator in the Navigator, drag it onto your chart, and configure the input parameters in the popup window.
3. Customization: Press Ctrl+I to open the indicator list, select your tool, and click "Properties" to change colors, levels, or visual styles.
4. Updating: Replace the old file in the Indicators folder with the new version and restart the platform to apply changes.
Frequently Asked Questions
Q: Why is my indicator not showing? A: Verify the file is in the MQL/Indicators folder, or try right-clicking the "Indicators" tree in the Navigator and clicking "Refresh."
Q: Do custom indicators slow down the platform? A: Too many complex indicators can impact performance; remove unused ones via the "Indicator List" (Ctrl+I).
Q: Can I use MT4 indicators on MT5? A: No, MQL4 and MQL5 are distinct languages; ensure the indicator is compiled specifically for your platform version.
What this tool does
the qqe and qqe mtf indicators are based on the original qqe.
Typical Use Case
This Indicator excels in automated trading and technical analysis on MetaTrader 5.
Compatible Platform & Setup
This Indicator works on MetaTrader 5. Place the file in the MQL5/Indicators folder and restart the terminal.
Description & Settings
Related: Quantora Multi-Timeframe Trend Dashboard MT5 - Professional EMA Trend Analysis - another powerful indicator for MetaTrader 5 traders.
the qqe and qqe mtf indicators are based on the original qqe.mq5 by earnforex, which was released in 2026. these indicators provide a unique approach to market analysis by combining two distinct indicators.Also recommended: Quantora Multi-Timeframe RSI Dashboard MT5 - Professional RSI Momentum Analysis - similar indicator with strong performance on MetaTrader 5.
qqe - qualitative quantitative estimation is calculated using two indicators:
- ma on rsi
- difference of ma on rsi and ma of ma of atr of ma of rsi
the qqe mtf indicator can be applied to various timeframes, offering flexibility in market analysis. it introduces a second timeframe as an input for calculations, allowing for a comprehensive view of market trends.
when using a lower timeframe than the current chart, the indicator employs different strategies to display the most relevant values. for instance, when timeframe_1 is 5 minutes and timeframe_2 is 1 minute, the indicator displays the latest bar of timeframe_2 with a close time before or at the close time of the bar at timeframe_1. this ensures that the most recent data is considered for analysis.
the qqe mtf indicator is a powerful tool for traders, providing a multi-timeframe perspective on market trends. it offers a more comprehensive view of market dynamics, enabling traders to make informed decisions based on a broader range of data.
update history:
- 2026 09 26: v02 - code improvements for better compatibility with metatrader5, fixed initial wrong values, and optimized code for qqe.
- 2026 09 26: v02 - enhanced value display on smaller timeframes, set buffers to empty_value for improved performance, and code optimization for qqe mtf.
You may also like: Quantora Multi-Timeframe MACD Dashboard MT5 - Professional Momentum and Trend Analysis - excellent alternative for indicator users on MetaTrader 5.
Source Code
#property copyright "robotfx"
/*--------------------------------------------------------------------
2010 09 26: v02 code rewritten to make the indicator work better with metatrader5
fixed wrong values returned at the start of the chart
----------------------------------------------------------------------*/
#property description "this code is educational. feel free to use, modify and upgrade as you wish. visit robotfx.org for professional trading tools"
#property description "this code is educational. feel free to use, modify and upgrade as you wish. visit robotfx.org for professional trading tools"
#property description "this code is educational. feel free to use, modify and upgrade as you wish. visit robotfx.org for professional trading tools"
#property description "this code is educational. feel free to use, modify and upgrade as you wish. visit robotfx.org for professional trading tools"
#property description "this code is educational. feel free to use, modify and upgrade as you wish. visit robotfx.org for professional trading tools".......
⚠ Limitations & Risk Warning
- This tool is provided for educational and testing purposes only.
- Past performance does not guarantee future results.
- Trading involves substantial risk of loss. Use on a demo account first.
- Results may vary depending on market conditions, broker, and settings.
- We recommend thorough backtesting and forward testing before using with real funds.