From Mladen Rakic:

Theory :

The "smoother" is sometimes called Jurik average even though there is no evidence of being that. Hence the name of this one is simply smoother. The indicator is using the method of finding "self adjusted" levels in order to assess trend direction and possible support and resistance levels

Usage :

You can use color changes as signals

From Mladen Rakic:

Hull moving average is, apart from what is widely know about it as a fast and smooth average, known for two issues that are not too positive (depending on point of view, but in general it can be considered as a nuisance) :

* it tends to overshoot
* it sometimes changes the slope so quickly that it produces too much signals

This version is addressing those two things.

* For overshooting this version is having the "divisor" parameter. That parameter, if set to 2.0 produces exactly the same Hull average as the original. Any value less than 2, "slows" down the Hull average and lessens the overshooting, and any value greater than 2.0 "speeds" it up (but also adds overshooting). So, one has to find some balance how to use that parameter and some experimenting is advised when it comes to its usage
* For signals it is using dynamically adjusted levels. They are in a lot of cases able to filter out small, insignificant changes (and signals) and are probably going to help in trading decision(s)
Display can be adjusted to display filled zones (in order to be able to see the trend state and changes in an easier mode) or to display just colored lines for that purpose


The "big picture" example with filled zones turned on

From Mladen Rakic:

Basics:

The QQE (Quantitative Qualitative Estimator) indicator consists of a smoothed Relative Strength Index (RSI) indicator and two volatility-based trailing levels (fast and slow).

This version:

Compared to the original QQE indicator, this version is adding:

Discontinued signal line levels (to help further estimate the trend).
Color changing histogram (based on those levels).
This way we have more information available to analyze.

Usage:

You can use the color change of the QQE itself or the color change of the histogram as signals

From Mladen Rakic :
Basics :

There are several versions of instantaneous trend line. The way it is used is varying from version to version, but some are relying to slope of the ITL for signals. That can produce too much signals

This version :

In this version we are using self adjusting levels for signals filtering. That way it is attempting to produce a clearer signal and to lessen the number of signals produced

Usage :

You can use the color changes as signals for entries or exits. Also some experimenting with the levels period is advised before using it for trading decisions

Dear Master,
do we have a MT4 for DSL QQE?
many thanks

mrtools wrote: Fri Aug 26, 2022 12:15 pm From Mladen Rakic:

Basics:

The QQE (Quantitative Qualitative Estimator) indicator consists of a smoothed Relative Strength Index (RSI) indicator and two volatility-based trailing levels (fast and slow).

This version:

Compared to the original QQE indicator, this version is adding:

Discontinued signal line levels (to help further estimate the trend).
Color changing histogram (based on those levels).
This way we have more information available to analyze.

Usage:

You can use the color change of the QQE itself or the color change of the histogram as signals

berserkyjc wrote: Mon Oct 24, 2022 4:45 pm Dear Master,
do we have a MT4 for DSL QQE?
many thanks

Yes, pretty sure it can be done, but the histogram would have to be based on zero instead of 50 like that one is.

berserkyjc wrote: Mon Oct 24, 2022 4:45 pm Dear Master,
do we have a MT4 for DSL QQE?
many thanks

Made a zero-based histogram version and posted it here Dsl indicators

mrtools wrote: Tue Oct 25, 2022 6:13 am Made a zero-based histogram version and posted it here Dsl indicators

Great Work !
thank you very much!

太虚一毫 wrote: Thu Dec 08, 2022 1:58 am adxvma levels (mtf + alerts + btn), I think it is one of the best indicators of the forum in 2022, it can be included in the top ten.

Looking forward to the teacher adapting it to MT5 version. The merits are immeasurable!

Made this mt5 version, not sure about the on/off button yet though.

unimatrix wrote: Wed Jul 16, 2025 7:21 am Hello mrtools,
i would like to ask, if you have the time ,to convert your DSL Super Smoother RSI (using Super Smoother instead of EMA) to MT5. I have been using this indicator for the past few months, and it is awesome in combination with Renko charts. I use it to find divergence setups, and with the smoothing, it filters out a lot of false signals.


Screenshot 2025-07-15 231928.png


The indicator is definitely worth converting to mt5.

Hello, did this version.