SSL Indicator - Exit Filter/Indicator to confirm exits.

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Kishan Bhatt
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Hello, 

Came across this indicator listening to this podcast series on this youtube channel. It looked really good for trend trading, which we already have a potent, powerful weapon for (trend filter)

https://www.youtube.com/channel/UCc8IRYpgBr4NGbaQFnd2b-A

Pro prop trader from USA. He basically goes through lots of indicators and shows you some good ones from his research on MT4. He showed one called the SSL, which is a moving average cross over indicator. It shows some great exit points for trend trading. From optimising the trend filter we have is very powerful. Like totally smashes every other traditional ones like MACD and moving averages and is very elegant sounding from Andrey's descriptions of it. 

The SSL seemed to show some great examples for exits in these pictures at least. 

Image 379

https://www.tradingview.com/script/rzdsCUGL-SSL-dasanc/

This site has a EURUSD and you can see that it works really well with trends with entries or exits. Unfortunately I think it would need a lot of tuning but I am happy to try and test it out and report back to everyone. 

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Dioconnoi

Is there a way to build this with CP?

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Andrey Khatimlianskyi
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Quote from Kishan Bhatt

Hello, 

So I tested SSL Channel Chart and the ssl one alse- I can see no repainting of past lines when looking at it using the visual tester. Very clear and easy to see. If someone can confirm this then great. Some customisation of the MA method could also good too. 

Another idea is to use triple exponential moving average instead of the normal simple one Not sure how feasible it is, but if we already have these functions built in then I am guessing it relatively early. 

TEMA is already available, by the way )

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Andrey Khatimlianskyi
Quote from Dioconnoi

Is there a way to build this with CP?

Yep, vote for this topic to speed up the process:

Or donate a few tens of euros if you want to make it fast as a rocket ;)