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.