In essence, the SSL is a moving average crossover, which immediately down-grades it to a 2nd or 3rd level of confluence in my opinion.
It was recently featured in an episode of VP's "No Nonsense FX", which drove me to recreate the original MT4 indicator in PineScript.
I have two ideas on how to improve it -
- Use a much faster moving average calculation method (check out my Ehlers scripts)
- Use a longer period MA on lower timeframes
If you enjoy/use this script, drop me a follow and please note me in your code!
I'm *almost* always available for collabs and questions
General questions about Pinescript? -> t.me/pinescripters
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.