[GM-Lite] SSL channel
SSL Channels
This is an on chart trend indicator based on the moving averages of the highs and lows. When a trend change is detected, the lines will cross sides. This is a signal to enter a trade.
It can also be configured as an exit indicator by speeding up the settings.
Tends to give false signals in ranging periods where a good volatility indicator such as GM - PRO TDFI could help avoid losses.
The original indicator is SMA based. I have added EMA and LWMA options.
Enjoy.
This is an on chart trend indicator based on the moving averages of the highs and lows. When a trend change is detected, the lines will cross sides. This is a signal to enter a trade.
It can also be configured as an exit indicator by speeding up the settings.
Tends to give false signals in ranging periods where a good volatility indicator such as GM - PRO TDFI could help avoid losses.
The original indicator is SMA based. I have added EMA and LWMA options.
Enjoy.