Strategies / Trend / QQE Channel Exit Trend

QQE Channel Exit Trend

Buys one bar after the RSI index first rises above 60, when the 21 and 84 EMAs are rising and the close is above the 21 EMA. Shorts mirror these conditions, with exits on a QQE line cross or RSI index threshold.

TrendLong & shortSwingUSD/JPYDaily

1.42Profit factor

1,364,610Net profit USD

43.89%Win rate

319Trades

-317,880Max drawdown

4,278Avg trade

Best run of 8. USD/JPY, Daily, spread 1, from run pf:2026-10-13-USDJPY-D.tsv:6.

Entry rules, long

On that prior bar, the 21 EMA and 84 EMA were both higher than their values on each of the previous 3 bars.
On that prior bar, the close was above the 21 EMA.

Entry rules, short

On that prior bar, the 21 EMA and 84 EMA were both lower than their values on each of the previous 3 bars.
On that prior bar, the close was below the 21 EMA.

Exit rules

A short closes on the first bar of a run where the QQE line sits below the RSI index, or the RSI index is 50 or above.
A trade must close before the opposite trade opens.

Test conditions

Period	Up to 2026-10-13
Instrument	USD/JPY, Daily
Spread	1 points
Starting capital	1,000,000
Costs	Spread only. Commissions and overnight financing are not included.
Bars	Up to 200,000 bars, fewer where the instrument has less history
Last tested	2026-10-13

Every run

Markets and timeframes tested

Market	Timeframe	PF	Trades	Win %	Net	Max DD
USD/JPYBest run	Daily	1.42	319	43.89	1,364,610 USD	-317,880
USD/JPY	1 hour	n/a	3,284	38.49	210,540 USD	-198,010
EUR/USD	Daily	n/a	319	43.89	79,546 USD	-31,840
Silver	4 hours	n/a	764	36.91	13,372 USD	-12,531
GBP/USD	Daily	n/a	338	39.35	6,964 USD	-6,959
Brent Crude	Daily	n/a	113	41.59	6,671 EUR	-6,401
Gold	1 hour	n/a	2,756	36.87	1,801 EUR	-605
Gold	Daily	n/a	333	39.94	1,037 EUR	-660

Charts

Results by run

Net profitMax drawdown

The code

ProBuilder code, as tested

// ==============================================================
// QQE Channel Exit Trend
// ProRealAlgos Strategy Library  |  prorealalgos.com
// Type: Trend
// Direction: Long & short
// Timeframe tested: Daily
// ==============================================================

DEFPARAM CumulateOrders = false

ONCE longband = 0
ONCE shortband = 0
ONCE trend = 1
ONCE xlong = 0
ONCE xshort = 0
ONCE zlong = 0
ONCE zshort = 0
ONCE clong = 0
ONCE cshort = 0
ONCE buyc = 0
ONCE sellc = 0
ONCE closel = 0
ONCE closes = 0
ONCE state = 0

myRsi = RSI[14](close)
rsx = ExponentialAverage[8](myRsi)
atrrsi = ABS(rsx[1] - rsx)
maatr = ExponentialAverage[27](atrrsi)
dar = ExponentialAverage[27](maatr) * 5
newlong = rsx - dar
newshort = rsx + dar
lbp = longband[1]
lbpp = longband[2]
sbp = shortband[1]
sbpp = shortband[2]

122 more lines: the entry and exit rules.

Setup

How to load it

Copy the code with the copy button on the code block.
In ProRealTime, open a chart of the instrument and timeframe you want to test, then open ProOrder > New trading system and choose "Create with programming".
Paste the code, give the system a name and save it.
Click "Backtest", set your own spread and position size, and run it before you consider trading it live.

Indicators used

EMARSI

Read this firstKnown weaknesses2 points

The code sets no stop loss, so a losing trade stays open until an exit signal arrives.
Results include the spread only. Commissions and overnight financing are not included.

Questions

About this strategy

Can I run QQE Channel Exit Trend in ProOrder?

Yes. The code is ProBuilder and runs as an automated ProOrder system. Backtest it on your own account with your own spread and position size before trading it live.

Which markets was it tested on?

It was tested on 8 market and timeframe combinations. The best run was USD/JPY, Daily, with a profit factor of 1.42 over 319 trades.

How large was the drawdown?

The best run had a maximum drawdown of 317,880 USD at the tested position size, against a net result of 1,364,610 USD.

Does it trade long, short or both?

It trades both long and short.

Trend Surfer

Uses the same indicator.

1.04 PF · 10,813 trades

EMA 8 21 RSI Filtered Bracket

Best run on the same market, USD/JPY.

1.09 PF · 6,194 trades

Regime Switched Moving Average Crossover

Also a trend strategy.

1.42 PF · 1,614 trades

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Past backtest results do not guarantee future results. This is not financial advice. Curated and maintained by ProRealAlgos. ProRealTime™ is a trademark of ProRealTime SAS. prorealalgos.com Stats Docs