This indicator plots a TTM Squeeze momentum oscillator in a separate pane. It compares a Bollinger Band offset to a Keltner Channel offset and marks the zero line white when the difference is non-negative and black when the bands are inside the channel. A line
Indicator · Pine Script v4 · Own pane
QQE MOD
QQE MOD is a separate-pane oscillator that builds two smoothed RSI-based QQE trails.
GitHub stars2on the repository
Pine versionv4older, still runs
Lines of code120
Settings12inputs
LicenceNone stated
Last update1 year ago26 Jul 2025
Add It to Your TradingView Chart
- 1Copy the scriptPress Copy script above. It reads the file straight from GitHub.
- 2Open the Pine EditorOpen a TradingView chart and choose Pine Editor at the bottom of the screen.
- 3Paste over the templateCreate a new indicator, select all of the template text and paste. Press Save and give it a name.
- 4Add it to the chartPress Add to chart, then adjust the settings with the gear icon next to its name.
Source Code
The code stays on GitHub. The author has not published this script under an open licence, so ForexR does not show its code. Copy script reads the file straight from GitHub into your clipboard, so you can still try it on your own chart. Ask the author before reusing the code anywhere else.
Overview
The primary trail uses a fast factor and Bollinger bands around the centered line; the secondary trail uses a smaller factor and a fixed threshold. It plots the secondary QQE line, silver histogram columns outside that threshold, and cyan columns when the secondary reading and the primary upper-band condition agree. RSI lengths, smoothing, factors, thresholds, sources, and Bollinger length and multiplier are adjustable. It is not a strategy and has no entries or exits.
- Dual smoothed RSI QQE trails
- Bollinger bands on the primary QQE
- Threshold histogram columns
- Combined agreement column plot
- Dotted zero line
Details
Published by
iceberg211 on GitHub
Type
Indicator, Pine Script v4
Draws
Separate pane below the chart
Category
Oscillators & momentum, Volatility & bands
Markets
Any symbol
Timeframes
Any timeframe
Risk Notes
No repainting, lookahead or stacked entries were found in its code or README. That says nothing about how well it works: test it first.
Settings
The inputs you can change from the gear icon on the chart. Defaults are the author's.
| Setting | Type | Default | Variable |
|---|---|---|---|
| RSI Length | int | 6 | RSI_Period |
| RSI Smoothing | int | 5 | SF |
| Fast QQE Factor | int | 3 | QQE |
| Thresh-hold | int | 3 | ThreshHold |
| RSI Source | source | close | src |
| Bollinger Length | int | 50 | length |
| BB Multiplier | float | 0.35 | mult |
| RSI Length | int | 6 | RSI_Period2 |
| RSI Smoothing | int | 5 | SF2 |
| Fast QQE2 Factor | float | 1.61 | QQE2 |
| Thresh-hold | int | 3 | ThreshHold2 |
| RSI Source | source | close | src2 |
Third-party code. ForexR did not write, test or endorse this script, and the summary above was generated automatically from its code and README. Indicators describe the past, and a strategy's backtest can look better than live trading, especially when a script repaints. Check it in the Strategy Tester and on a demo account before you rely on it.
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