
SSL Trend Channel trader
Overview The SSL Trend channel is a very popular trend indicator. It comes from the forex world where it's used by many traders. The indicator plots a channel that is based on 2 moving averages. The first moving average is using the high of each candle and the second moving average is using the low of each candle. By using the low & high of the candles as a base for our moving average we get a trend channel that allows you to quickly recognize the trend and get into the trend easily. We took this basic idea of the indicator and supercharged it in many ways by adding trading signals, statistics, alerts, the option to widen or shrink the bands, the option to choose any of the 13 different types of moving averages, and much more 1. Max. Potential Target lines When a trade setup is a winner, meaning that it reached its target before hitting its stop loss, the indicator will trail & plots the maximum potential target (in ticks) for each trend reversal setup as shown in the scree