Tradingview QQE + Hull Suite + Volume Oscillator using Pinescript

In the fast-paced world of trading, finding reliable strategies that yield substantial returns is paramount. One such approach has gained attention for its potential to deliver impressive results: the 300% profits strategy indicator. This innovative indicator integrates three powerful tools—QQE Mod, Hull Suite, and Volume Oscillator—to provide traders with clear buy signals and streamline the trading process. In this article, we will explore how this indicator works, its benefits, and how to effectively implement it using TradingView.

What is the indicator ?

The 300% profits strategy indicator is designed to help traders identify high-potential trade opportunities. By utilizing three established indicators, this strategy provides a comprehensive analysis of market conditions. Each component serves a distinct purpose:

1. QQE Mod (Quantitative Qualitative Estimation): The QQE Mod indicator is instrumental in signaling momentum shifts in the market. It employs a histogram that changes color based on the market’s bullish or bearish conditions. When the histogram turns blue, it indicates a bullish trend, prompting traders to consider entering long positions.
2. Hull Suite: The Hull Suite is a trend-following indicator that aims to reduce lag while maintaining responsiveness. The color of the Hull line acts as a guide for traders. A green Hull line signifies an upward trend, further validating potential buy signals when combined with the QQE Mod.
3. Volume Oscillator: Volume is a critical aspect of trading as it reflects the strength of price movements. The Volume Oscillator measures the difference between two moving averages of volume. When the oscillator is above its dotted line, it indicates increasing volume momentum, confirming the strength of bullish price movements.

How the Indicator Works Together

The true power of the 300% profits strategy indicator lies in the synergy of these three components. To generate a strong buy signal, all indicators must align under specific conditions:

• Bullish Confirmation from QQE Mod: The first step is to check the QQE Mod. When it displays a blue histogram, it indicates bullish momentum is present in the market.
• Trend Direction from Hull Suite: Next, the Hull Suite comes into play. Traders should look for the Hull line to be green, signaling a continuation of the uptrend. This condition aligns with the bullish sentiment indicated by the QQE Mod.
• Price Action: It’s essential to ensure that the price is trading above the Hull line. This confirms that the market is not only in an uptrend but also that the price action is supportive of potential long positions.
• Volume Confirmation: Finally, traders should check the Volume Oscillator. If it is positioned above its dotted line, it confirms that buying strength is increasing, further validating the buy signal generated by the other indicators.

When these four conditions are met, traders receive a powerful buy signal, enabling them to enter positions with confidence.

Advantages of Using the 300% Profits Strategy Indicator

Implementing this strategy offers several advantages for traders, regardless of their experience level:

1. Clear Entry Signals: The combination of indicators provides traders with unambiguous buy signals, reducing the uncertainty often associated with trading decisions.
2. Automated Trading: One of the most significant benefits is the ability to automate trading processes. With this indicator, traders can execute trades based on predefined conditions without the need for constant manual checking. This not only saves time but also mitigates the impact of emotional decision-making.
3. Risk Management: Effective risk management is crucial for long-term success in trading. With this strategy, traders can set stop-loss orders at swing lows, limiting potential losses while allowing for reasonable profit targets. A typical risk-reward ratio of 1.5 is recommended, providing a solid framework for managing trades.
4. Adaptability: The indicator can be used across various markets and timeframes, making it versatile for different trading styles—whether you’re a day trader, swing trader, or long-term investor.

How to Implement the 300% Profits Strategy Indicator on TradingView

To utilize this strategy effectively on TradingView, follow these steps:

1. Set Up the Indicators: Begin by adding the QQE Mod, Hull Suite, and Volume Oscillator indicators to your TradingView chart. You can find these indicators in the TradingView public library.
2. Identify the Conditions: As discussed, look for the following conditions:

• QQE Mod: Blue histogram for bullish momentum.
• Hull Suite: Green Hull line indicating an uptrend.
• Price Action: Ensure the price is above the Hull line.
• Volume Oscillator: Confirm that it is above its dotted line.

1. Execute Trades: Once all conditions align, consider entering a buy position. Place a stop loss at the most recent swing low to protect your capital. Aim for a take-profit target based on a 1.5 risk-reward ratio.
2. Monitor Your Trades: While the indicator automates many aspects of trading, it’s still important to monitor your trades periodically. Keep an eye on market conditions and be prepared to adjust your strategy if necessary.
3. Review Performance: After a series of trades, take time to analyze your results. Identify what worked well and where adjustments can be made to enhance performance.

Contact us at +91 7620658346 for access to this indicator. We offer algo development for TradingView indicators, MT4/MT5, and trading bots. Follow us on Instagram, YouTube, and Twitter @algo_aakash

Conclusion

The 300% profits strategy indicator offers traders a powerful toolkit to identify high-potential trading opportunities. By leveraging the QQE Mod, Hull Suite, and Volume Oscillator, traders can benefit from clear entry signals and automated trading capabilities. Remember, trading always comes with risks, so conduct thorough research and practice responsible trading. With the right approach and mindset, this strategy can unlock substantial returns in your trading endeavors. Happy trading!

Disclaimer

The information provided in this article is for educational and informational purposes only and should not be construed as financial advice. Trading in financial markets involves significant risk, and you should carefully consider your investment objectives, level of experience, and risk tolerance before engaging in trading activities. Past performance is not indicative of future results, and there is no guarantee that any trading strategy will be successful or that you will achieve a particular level of profit.