MQ VSI focuses primarily on Wilder's Relative Strength Index to determine whether a market is over- or undervalued on a specific time frame. MQ SnapBack expands upon that with several additional algorithmic strategies, some proprietary and some not. Therefore, when you're getting a SnapBack signal, it represents not just one factor but a much stronger, broader, extended condition that is much more impactful to trade with.
One of those factors is the same algorithm used by MQ VSI. Therefore, we should see at least some alignment between MQ SnapBack and MQ VSI, though MQ SnapBack's signals are more significant due to the added algos.
While MQ SnapBack also takes into account volume, MQ VSI adds volume activity buying and selling pressure into the picture, showing where overbought buying or oversold selling is drying up. Therefore, it makes a great companion, along with MQ SnapBack.
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