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SSL Indicator

PostPosted: Wed Dec 09, 2009 1:19 pm
by TonyMod
Here is a screenshot, thumbnail image barely displays the line so click it to enlarge:
ssl-indicator.jpg
Screenshot of this indicator in MarketScope 2.0 Charts


You can download it:
SSL.lua
(2.38 KiB) Downloaded 4308 times

BF_SSL.lua
(5.7 KiB) Downloaded 729 times

SSL Dot.lua
(3.61 KiB) Downloaded 1295 times

AUDCAD H3 (09-20-2017 0952).png

MTF MCP SSL Heat Map.lua
(11.11 KiB) Downloaded 1276 times

SSL.lua based strategy.
viewtopic.php?f=31&t=67065&p=122568#p122568

Averages SSL.lua
(7.42 KiB) Downloaded 280 times


Averages.lua
viewtopic.php?f=17&t=2430

Re: Hello there !

PostPosted: Mon Dec 14, 2009 2:02 pm
by silviu
WOW !!! Thanks again :D

Re: SSL Indicator (Exact Translation from MQ4 version)

PostPosted: Thu Oct 07, 2010 1:44 am
by bluepip
Is it possible to get the SSL Indicator colored like "Color Regression line" (values over SSL are green, values under SSL are red)?

Thanks

Re: SSL Indicator (Exact Translation from MQ4 version)

PostPosted: Thu Oct 07, 2010 2:04 am
by Apprentice
Added to development Cue.

Re: SSL Indicator (Exact Translation from MQ4 version)

PostPosted: Fri Feb 10, 2012 5:06 pm
by nazaar
Please,

can you advise how the SSL line is generated, what is the formula. Is it generated from price, from an another indcator or both. The default look back period is 10, what does the look back period determine?

this looks like a good indicator but I have no idea how it is generated.

thanks

Re: SSL Indicator (Exact Translation from MQ4 version)

PostPosted: Sun Feb 12, 2012 4:16 am
by Apprentice
SSL a.k.a. GHLA is or moving average of the high value
or moving average of the low value.
If the closing price is higher than the indicator line,
from that point forward SSL is MVA, of High.
If the closing price is lower than the indicator line,
from that point forward SSL is MVA, of Low.

Re: SSL Indicator (Exact Translation from MQ4 version)

PostPosted: Sun Feb 12, 2012 8:43 pm
by nazaar
Thank you, your explanation makes sense. I understand the ssl indicator better now.

Is it possible to add a line width and style option.

take care.

Re: SSL Indicator (Exact Translation from MQ4 version)

PostPosted: Mon Feb 13, 2012 6:05 am
by Apprentice
Color & Style options added.

Re: SSL Indicator

PostPosted: Sun Mar 11, 2012 1:08 am
by rahulmalik
Dear Apprentice, I could not find any strategy on SSL indicator on this forum.

Please device an strategy for the same for automatic trades.

In my opinion, following are good ideas to be a part of strategy :

1. Option to chose Buy / Sell / Both
2. Allowed trade - Yes
3. Stop - In addition to chose pips, should have option to use the reverse signal as exit signal (if single side trade option buy or sell is activated)

Thank you much in advance for your efforts.

Re: SSL Indicator

PostPosted: Sun Mar 11, 2012 5:24 am
by Apprentice