kevinmck100

SSL Hybrid Strategy

kevinmck100 Pro Updated   
Strategy based on the SSL Hybrid indicator by Mihkel00
Designed for the purpose of back testing

Strategy:
  • 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)

Credits:
SSL Hybrid Mihkel00 https://www.tradingview.com/u/Mihkel00/
Release Notes:
Remove TP1 percentage prompt
Open-source script

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.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.

Want to use this script on a chart?