QQE of CCI Indicator
The Quantitative Qualitative Estimation (QQE) of the Commodity Channel Index (CCI) is a method used to analyze price trends and market momentum. The QQE enhances the traditional CCI by incorporating a smoothed version of the CCI, typically using an exponential moving average (EMA). This combination provides traders with clearer signals for potential buy and sell opportunities by filtering out market noise. The QQE of the CCI can be particularly useful in identifying overbought or oversold conditions, helping traders make more informed decisions in their trading strategies.