Introduction to the SSL Indicator
Trending markets often present excellent trading opportunities. It allows for relatively accurate trades when trading with the trend, and it also has the potential to produce trades with high yields.
Kanjalo, traders often use trend following indicators to help them identify such trading opportunities.
What is the SSL Indicator?
The SSL Indicator is a custom trend following technical indicator which is based on the concept of the crossover of moving averages and price action.
This indicator plots dashed lines and dots to indicate trend direction. It plots a blue dashed line to indicate a bullish trend, and a red dashed line to indicate a bearish trend. It also plots a blue dot to indicate a bullish trend reversal, and a red dot to indicate a bearish trend reversal.
How the SSL Indicator Works?
Njengoba kushiwo ngenhla, the SSL Indicator is based on the crossing over of price action and a moving average line. The SSL indicator uses a Linear Weighted Moving Average (LWMA) umugqa. It also uses a modified price source, which could either be a Median Price or a Typical Price.
The SSL Indicator plots a line based on its underlying LWMA line, which is shifted in the opposite direction of the current trend. It detects a trend reversal whenever price closes against the direction of the trend beyond the dashed SSL line. It also plots a dot indicating the trend reversal.
How to use the SSL Indicator for MT5
The SSL Indicator has a “Moving Averages Period” variable within its settings. This allows traders to modify the period used on the moving average, tweaking it to become smoother or more responsive.
The “NRTR” option causes the indicator to run its algorithm only on candle close. This causes the indicator to be a non-repainting indicator.
“Horizontal Shift of the Indicator in Bars” allows traders to shift the SSL line forward or back.
The SSL Indicator can be used as a trend direction filter, wherein traders would trade only in the direction indicated by the SSL line.
It can also be used as a trend reversal entry trigger, wherein trades are taken as the SSL indicator plots a dot indicating a short-term trend reversal. Noma kunjalo, this is best done in confluence with the main trend direction.
Thenga ukusethwa kwezohwebo
Identify an uptrend based on a consistent blue dashed SSL line. Wait for price to retrace near the SSL line. Open a buy order as soon as price action starts to show signs of rejection of the SSL line. Setha ukulahleka kokuma ekusekelweni ngezansi kwekhandlela lokungena.
Vala ukuhweba ngokushesha nje lapho isenzo sentengo sikhombisa izimpawu zokubuyiselwa emuva kwe-bearish.
Thengisa ukusethwa kwezohwebo
Identify a downtrend based on a consistent red dashed SSL line. Wait for price to retrace near the SSL line. Open a sell order as soon as price action starts to show signs of rejection of the SSL line. Setha ukulahleka kokuma ekumelaneni ngenhla kwekhandlela lokungena.
Vala ukuhweba ngokushesha lapho isenzo sentengo sikhombisa izimpawu zokuguqulwa okuguqukayo.
The SSL Indicator is a very reliable trend following technical indicator. It can accurately detect trends and trend reversals when used in the right market context, which is a trending market or a trend reversal market scenario.
Izinkomba ze-MT5 – Landa Imiyalo
SSL Indicator for MT5 is a Metatrader 5 (MT5) inkomba kanye nengqikithi yale nkomba yezobuchwepheshe ukuguqula idatha yomlando onqwabelene.
SSL Indicator for MT5 provides for an opportunity to detect various peculiarities and patterns in price dynamics which are invisible to the naked eye.
Ngokusekelwe kulolu lwazi, abathengisi bangathatha ukunyakaza kwentengo okuqhubekayo futhi balungise isu labo ngokufanele. Chofoza lapha ukuthola amasu we-MT5
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How to install SSL Indicator for MT5.mq5 to your MetaTrader 5 Ishadi?
- Download SSL Indicator for MT5.mq5
- Copy SSL Indicator for MT5.mq5 to your Metatrader 5 Uhla lwemibhalo / ochwepheshe / izinkomba /
- Qala noma qala kabusha i-Metatrader yakho 5 Iklayenti
- Khetha Ishadi nesikhathi esibekiwe lapho ufuna ukuhlola inkomba yakho ye-mt5
- Sesha “Izinkomba Zokwezifiso” ku-Navigator yakho ikakhulu kwesobunxele ku-Metatrader yakho 5 Iklayenti
- Right click on SSL Indicator for MT5.mq5
- Namathisela eshadini
- Shintsha izilungiselelo noma cindezela ok
- Indicator SSL Indicator for MT5.mq4 is available on your Chart
How to remove SSL Indicator for MT5.mq5 from your Metatrader 5 Ishadi?
- Khetha Ishadi lapho i-Indicator isebenza ku-Metatrader yakho 5 Iklayenti
- Qhafaza kwesokudla kuShadi
- “Uhlu lwezinkomba”
- Khetha inkomba bese ususa
Inkomba ye-SSL ye-MT5 (U-downloader mahhala)
Chofoza lapha ngezansi ukulanda: