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Published:
2018.06.16 10:36
Updated:
2023.03.29 13:48
\MQL5\Include\
SSL2.mq5 (14.28 KB) view
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Real author: Kalenzo

Two different-period indicators SSL, implemented as a colored cloud. Working with a colored cloud is based on crossing the initial indicators, accompanied with changing the color of the cloud.

The indicator uses the SmoothAlgorithms.mqh library classes (copy it to terminal_data_directory\MQL5\Include), the detailed description of working with which was published in the Averaging Price Series for Intermediate Calculations without Using Additional Buffers article.

Fig.1. Indicator SSL2

Fig.1. Indicator SSL2

Translated from Russian by MetaQuotes Ltd.
Original code: https://www.mql5.com/ru/code/20653

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An assistant Expert Advisor. It moves positions to a breakeven and then enables trailing.

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Indicator SSL2 with the timeframe selection option available in input parameters.

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Smoothed standard deviation changing rate.