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Instrument: REA_SSL
Disclaimer

The graphic studies and any other indication generated by the software should not be considered as personalized investment advice or even as investment recommendations. The setups generated by the software search for market conditions developed on prices in the past and are useful for statistical purposes.

The software is not able to work autonomously and requires various inputs from the trader for pattern research, statistics processing and any other expected functionality.

Description

This indicator is a combination of two moving averages with high and low settings.

It is a trend following indicator and is exceptionally effective during trending market conditions. You can use it as a standalone trading tool or you can add it to your favorite strategy. A crossover of these moving averages is considered a trading signal.

When the green line crosses (up) the red line it is a signal for a long trade. Likewise, when the red line crosses below (down) the green line it is a signal for a short trade. The SSL indicator adapts to all types of time frames and currency pairs.

It is displayed directly on the main trading chart. The default settings can be changed directly from the input tab.

Downloads

Download the REA_SSL for the cTrader platform
License:
FREE

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