QQE (Quantitative Qualitative Estimation) SQ Library module · Technical indicator Source-verified data · REAL-DATA-SOURCE · mql.robotfx.org/2026/04/metatrader-5-libraries-asq-indicator.html

QQE (Quantitative Qualitative Estimation) (SQ Library)

SQ Indicator Library module · QQE (Quantitative Qualitative Estimation) · Part of a modular scanner/dashboard framework · MT4

About QQE (Quantitative Qualitative Estimation) (SQ Indicator Library)

This page covers the QQE (Quantitative Qualitative Estimation) module from the SQ Indicator Library — a modular MT4 indicator/scanner collection where each individual technical indicator is implemented as its own discrete file (following the naming pattern "sq" + indicator name), designed to plug into a larger multi-indicator dashboard. This modular library style is documented in comparable form by the ASQ Indicator Manager (mql.robotfx.org), which provides a dashboard showing indicator values organised by category (Moving Averages, Oscillators, ADX/ATR-type volatility tools), along with trend direction and trending/ranging market-regime detection.

What QQE (Quantitative Qualitative Estimation) measures: a smoothed RSI-based trend/momentum oscillator with adaptive volatility bands, used to identify trend strength and potential reversal zones.

Key Features

✓ Modular design — can be combined with other SQ-series indicators into a single multi-indicator dashboard
✓ Based on an established, well-documented technical analysis concept (QQE (Quantitative Qualitative Estimation))
⚠ As a component of a larger indicator/scanner library, its full context and default parameters are best understood alongside the other SQ modules it's designed to work with
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