SSL - MetaTrader 5 Script - MQL5 #1682 | Forex Indicator Download - MT4/MT5 Resources
Semaphore signal indicator using two moving averages in the form of NRTR. These moving averages form a channel. Moving averages have the same average period, but one is drawn based on the high[] time series and the other is drawn based on the low[] time series. Exits beyond the boundaries of the channel give a signal of a trend change in the corresponding color. After that, until an opposite signal occurs, there will be no drawing of the NRTR moving average corresponding to the direction of the trend.
The indicator was first implemented in MQL4 and published in the code base of mql4.com on July 23, 2008.
Figure 1 SSL indicators
Attachment download
📎 ssl.mq5 (10.85 KB)
Source: MQL5 #1682
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