Uber SSL Channel [UTS]

18 gen 2020

The SSL channel is a mighty breakout and trend-following indicator.
It is assumed as TOP 100 Forex indicator and was featured by VP of No Nonsense Forex.


General Usage

A SSL Moving Averages cross (color changes as well) is assumed as ENTRY signal and the trader can open a position following the trend direction.
Such a signal is also always an EXIT signal for currently active trades.

Moving Averages

16 different Moving Averages are available:

• ALMA (Arnaud Legoux Moving Average)
  
• DEMA (Double Exponential Moving Average)
  
• EMA (Exponential Moving Average)
  
• FRAMA (Fractal Adaptive Moving Average)
  
• HMA (Hull Moving Average)
  
• JURIK (Jurik Moving Average)
  
• KAMA (Kaufman Adaptive Moving Average)
  
• Kijun (Kijun-sen / Tenkan-sen of Ichimoku)
  
• LSMA (Least Square Moving Average)
  
• RMA (Running Moving Average)
  
• SMA (Simple Moving Average)
  
• SuperSmoothed (Super Smoothed Moving Average)
  
• TEMA (Triple Exponential Moving Average)
  
• VWMA (Volume Weighted Moving Average)
  
• WMA (Weighted Moving Average)
  
• ZLEMA (Zero Lag Moving Average)
  

A freely determinable length allows for sensitivity adjustments that fits your own requirements.

Alerts

Traders can easily use the trend change signals to trigger alerts from:

• Up Signal
  
• Down Signal
  

Those values are > zero if a condition is triggered.
Alert condition example: "Up Signal" - "GreaterThan" - "0"

19 ore fa

Note di rilascio

* Modernised to Pinescript V6
* Adjusted colors
* Added 26 different moving averages