QQE Alert MTF v5 - Indicator for MetaTrader 4

The QQE Alert MTF v5 indicator is an improved version of the QQE indicator, with alerts added. The robot is based on the RSI indicator, which makes the indications quite easy to read.

Alerts should be set at the intersection with the level of 50 - this indicates a change in a trend. Generally, the QQE Alert MTF v5 perfectly shows the movement of the trend on all the time frames.