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[GM-Lite] SSL channel

6 505
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.

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