SSL SuperTrend Indicator

[Apprentice]

Green / Red Arrows (enter the trade) are generated when closing price cross over SSL line,
but only if it is confirmed by SuperTrend indicators.

White Arrows (miss the trade) are generated when closing price cross over SSL line,
but it is not confirmed by SuperTrend indicators.

If you use wider definition options, the Arrows is generated when both conditions are positive, regardless of the sequence of positive indications.

SSL_SuperTrend.lua

(4.87 KiB) Downloaded 2159 times

If you do not have them you need the following indicators.

SSL INDICATOR:
viewtopic.php?f=17&t=139&p=200&hilit=ssl#p200
--
SUPERTREND INDICATOR:
viewtopic.php?f=17&t=605

The indicator was revised and updated

[Apprentice]

Update

[BabyCoder]

Hi,

Can this indicator be modified with MA's instead of SSL? Cheers

[Apprentice]

Your request is added to the developmental cue.

[Apprentice]

Requested can be found here.
viewtopic.php?f=17&t=12227&p=24216#p24216

[briansummy]

This would awesome for a MTF setup.

[Apprentice]

Indicator or Strategy.
We need more information.
Especially if you want a strategy.
Entry / Exit rules are necessary.

[rahulmalik]

Indicator or Strategy.
We need more information.
Especially if you want a strategy.
Entry / Exit rules are necessary.

Dear Apprentice, please help with this signal / indicator, to be converted to a auto trade strategy. I believe following info may suffice :

1. Trade Both sides.
2. If trading only or BUY or SELL side, should be allowed to exit the trade in case of signal reverses.
3. Stop / Limit / Trail Stop parameters are a must to make it more profitable.

[Apprentice]

Required can be found here.
viewtopic.php?f=31&t=14698

[Apprentice]

Indicator was revised and updated.