Designed for the purpose of back testing
- Enters both long and short trades based on SSL1 crossing the baseline
- Stop Loss calculated based on ATR multiplier
- Option to allow moving of Stop Loss to break even on TP1
- Option to turn off Stop Loss and Take Profit which will rely on indicator flip to exit from position
- Take Profits configurable with up to 5 ATR multipliers and exits percentages (percentages calculated as percentages of original position size, eg. 100 tokens with 3 TPs of 20, 30, 50 would exit the same number of tokens on each TP)
SSL Hybrid Mihkel00 https://www.tradingview.com/u/Mihkel00/
In true TradingView spirit, the author of this script has published it open-source, so traders can understand and verify it. Cheers to the author! You may use it for free, but reuse of this code in a publication is governed by House Rules. You can favorite it to use it on a chart.