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Sslchannel

[DuDu95] SSL 4C MACD Laugerre RSI StrategyHello Guys! Nice to meet you all! Before I start, my nickname has changed to 'DuDu95'!! This is the Strategy introduced by youtube channel. I made this based on the open source indicator by kevinmck100, vkno422, KivancOzbilgic. Thank you All! ### Entry Logic 1. Long Entry Logic - close > SSL Hybrid baseline upper k (keltner channel) - macd signal > 0 and current MACD value > previous MACD value - Laguerre RSI < overbought Line. 2. short Entry Logic - close < SSL Hybrid baseline lower k (keltner channel) - macd signal < 0 and current MACD value < previous MACD value - Laguerre RSI > overbought Line. ### Exit Logic 1. Long Exit Logic - close < SSL Hybrid baseline lower k (keltner channel) - macd signal < 0 2. short Entry Logic - close > SSL Hybrid baseline upper k (keltner channel) - macd signal > 0 ### StopLoss 1. Can Choose Stop Loss Type: Percent, ATR, Previous Low / High. 2. Can Chosse inputs of each Stop Loss Type. ### Take Profit 1. Can set Risk Reward Ratio for Take Profit. - To simplify backtest, I erased all other options except RR Ratio. - You can add Take Profit Logic by adding options in the code. 2. Can set Take Profit Quantity. ### Risk Manangement 1. Can choose whether to use Risk Manangement Logic. - This controls the Quantity of the Entry. - e.g. If you want to take 3% risk per trade and stop loss price is 6% below the long entry price, then 50% of your equity will be used for trade. 2. Can choose How much risk you would take per trade. ### Plot 1. Added Labels to check the data of entry / exit positions. 2. Changed and Added color different from the original one. (green: #02732A, red: #D92332, yellow: #F2E313)
Pine Script™ strategy
by DuDu95
3
SSL + Wave Trend StrategyStrategy incorporates the following features: Risk management: Configurable X% loss per stop loss Configurable R:R ratio Trade entry: Based on strategy conditions below Trade exit: Based on strategy conditions below Backtesting: Configurable backtesting range by date Trade drawings: Each entry condition indicator can be turned on and off TP/SL boxes drawn for all trades. Can be turned on and off Trade exit information labels. Can be turned on and off NOTE: Trade drawings will only be applicable when using overlay strategies Alerting: Alerts on LONG and SHORT trade entries Debugging: Includes section with useful debugging techniques Strategy conditions Trade entry: LONG C1: SSL Hybrid baseline is BLUE C2: SSL Channel crosses up (green above red) C3: Wave Trend crosses up (represented by pink candle body) C4: Entry candle height is not greater than configured threshold C5: Entry candle is inside Keltner Channel (wicks or body depending on configuration) C6: Take Profit target does not touch EMA (represents resistance) SHORT C1: SSL Hybrid baseline is RED C2: SSL Channel crosses down (red above green) C3: Wave Trend crosses down (represented by orange candle body) C4: Entry candle height is not greater than configured threshold C5: Entry candle is inside Keltner Channel (wicks or body depending on configuration) C6: Take Profit target does not touch EMA (represents support) Trade exit: Stop Loss: Size configurable with NNFX ATR multiplier Take Profit: Calculated from Stop Loss using R:R ratio Credits Strategy is based on the YouTube video "This Unique Strategy Made 47% Profit in 2.5 Months " by TradeSmart. It combines the following indicators to determine trade entry/exit conditions: Wave Trend: Indicator: WaveTrend Oscillator by @LazyBear SSL Channel: SSL channel by @ErwinBeckers SSL Hybrid: SSL Hybrid by @Mihkel00 Keltner Channels: Keltner Channels Bands by @ceyhun Candle Height: Candle Height in Percentage - Columns by @FreeReveller NNFX ATR: NNFX ATR by @sueun123
Pine Script™ strategy
by kevinmck100
7
MA-SS ( EMA SSL ) Indicator StrategyThis is the strategy script relating to the already-published MA-SS Indicator Study. Backtest properties for the strategy tester results shown below are; - 10k initial capital - 50% of equity - 0.0075% commission - zero values on everything else The MA-SS Indicator is a simple yet effective indicator using a combination of EMAs and SSL channel, utilising higher time frame data to help confirm trend/ price direction. How does it work? The Indicator consists of; - 3 x EMAs – The 3rd EMA being a filter EMA - Multi Time Frame EMA (This is an additional filter EMA which can be switched on and off) - Multi Time Frame SSL Channel (This acts as a filter and can also be switched on and off) The concept initially began as a simple EMA crossing indicator, but adding an MTF EMA plus a MTF SSL channel for additional filtering, helped to give a better indication of trend and ultimately filter out several bad trades. - EXAMPLE: If price is … o below the MTF EMA filter o The MTF SSL Channel is red o White and blue EMAs cross below the yellow (filter) EMA in the red SSL channel > …a short is fired! - (Opposite scenario for longs) - Your stop loss would ideally be the top/ bottom of the SSL channel (either the MTF SSL channel or a standard SSL channel added manually to the chart), or, go for a clear pivot point or support/ resistance level. - Take profit is yours to decide but I opt for a 1:1.5 risk/reward ratio. You could also use the MTF SSL channel to gauge when you should exit your trade (i.e. if you're in a long, wait for the SSL channel to flip red). Any questions please fire away in the comments
Pine Script™ strategy
by petemartin95
SSL Chaikin BF 🚀Combined my earlier SSL Channel script with the Chaikin Money Flow indicator. Link to the SSL Channel script here: INSTRUCTIONS Look at the background, the signals are represented by the colors. Bright green = long signal from SSL Channel Bright blue = long signal from Chaikin Money Flow Bright red = short signal from SSL Channel Bright orange = short signal from Chaikin Money Flow Green = we should be in a long from one of the signals - ok to enter back in if we get stopped out and still green Red = we should be in a short from one of the signals - ok to enter back in if we get stopped out and still red White = no trade SIGNAL GENERATION The SSL calculation prints a channel on the chart consisting of 2 lines. This strategy gives a Long signal when price closes above the top of these 2 lines and a Short signal when it closes below the bottom. A long signal occurs when EITHER we get an SSL long cross OR the Chaikin MF crosses above the upper threshold. A short signal occurs when EITHER we get an SSL short cross OR the Chaikin MF crosses below the lower threshold (see settings to adjust upper and lower threshold). STOP LOSS AND RE-ENTRY We use a fixed stop loss of 2% If we get stopped out but we still have the conditions for our trade (i.e. we get stopped out of a long but the next candle still shows a long condition after closing) then we re-enter. Note: The SSL signals are generated on a cross of the price and the channels but there is still an active long signal as long as price stays above the upper band, same for below the lower band for short. Similarly, the Chaikin signal occurs as long as the Chaikin line is above the upper threshold (or below the lower threshold if short). Tested and optimised for XBT/USD on Bitmex.
Pine Script™ strategy
by bennef
CoG SSL BF 🚀In this strategy I combine my Center of Gravity script with my SSL Channel script. The conditions for a long signal are if either: Center of Gravity long is satisfied Or SSL Channel long is satisfied AND we are not in a sideways period. The conditions for a short signal are if either: Center of Gravity short is satisfied Or SSL Channel short is satisfied AND we are not in a sideways period. We use a dynamic stop loss based on ATR to determine optimum stop loss levels. These levels are printed on the chart in yellow and orange. INSTRUCTIONS Bright green background = go long Bright red background = go short Yellow dotted line = long stop loss Orange dotted line = short stop loss On the chart, the 2 outer lines are the Center of Gravity lines and the filled channel in the middle is the SSL channel. If the channel is white, this is a no trade zone, unless either Center of Gravity long/short signal is satisfied. If we get stopped out from a long and we still have a long condition present, we re-enter. Same for short.
Pine Script™ strategy
by bennef
1
SSL Channel BFSSL Channel Close is a great all-rounder based on 2 Simple Moving Averages, one of recent Highs, one of recent Lows. The calculation prints a channel on the chart consisting of 2 lines. This strategy gives a Long signal when price closes above the top of these 2 lines and a Short signal when it closes below the bottom. Trading in choppy sideways markets can compound losses so we avoid that here by using recent ATR to determine relative volatility and refrain from trading when the background is White. We use a basic 3% stop loss. Charted on XBT/USD Bitmex Daily chart. INSTRUCTIONS Green = long Red = short White Background= No trade The way I have set this strategy up is that if we get stopped out but we are still in a green or red background, we re-enter. Closing the trade only occurs on an opposing signal or if we get stopped out.
Pine Script™ strategy
by bennef
1