Basic concept: Use the SSL Hybrid indicator's EXIT ARROWS to determine trade entry and exit points.
Rules:
Enter LONG trades on BLUE exit arrows
Enter SHORT trades on RED exit arrows
Uses up to 3 DCA orders for trade entry
Sets a stop loss
Does not set any take profit. Relies on opposing arrow to exit current position
When filters are set it affects opening of positions, but opposing arrow will always exit trades regardless of filtering options set
Additional filtering configuration:
If the SSL filter checkbox is checked, then LONG positions can only be opened when SSL1 is below the baseline lower and SHORT positions can only be opened when the SSL1 is above the baseline upper
If the QQE MOD checkbox is checked, then LONG positions can only be opened when QQE MOD histogram bars are BLUE and the QQE MOD line is ABOVE 0 and SHORT positions can only be opened when the QQE MOD histogram bars are RED and the QQE MOD line is BELOW 0
Both SSL and QQE MOD filters may be combined to give stricter filtering, however I find it often prevents entry to too many good trades
發布通知
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Updating to V5 and adding alerts for LONG and SHORT entries
Hi thanks for this indicator it actually clears on the extra noise. I am getting good results from this. But it is showing me an error when applying on a 3 min chart. The error states - Study Error- maximum number of orders (9000) was reached. The same error does not comes on a 5 min chart. please help in clearing the error
kevinmck100
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@rhg6932, that is a limitation of TradingView because it only allows a maximum of 9000 orders on a strategy. It is exaggerated on this strategy because it uses up to 3 DCA entries/exits per order so whatever the regular order count would be, it's multiplied by 3 on this strategy. You could reduce the number of DCA levels to fix it but there's no other workaround for the 9000 max limit
Shadowing variable 'meta' which exists in parent scope. Did you want to use the ':=' operator instead of '=' ?
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kevinmck100
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@kenjibuibui, This part of the code is taken directly from the original SSL Hybrid strategy by Mihkel00. IIRC I did spend a little time trying to clean up the errors within that part of the code back when I wrote this strategy, but it broke the code so I left it as it was. It's just a warning and has no impact on the script functioning correctly
docrajesh2688
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Hi .. nice indicator .. thank you very much.. what is the bottom indicator. ( Red and blue bars). it's not coming when i apply it
kevinmck100
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@docrajesh2688, That is the QQE MOD. It's built into the strategy even though you can't see it. Unfortunately it can't be applied to the price chart like SSL Hybrid and TradingView doesn't support a single strategy using multiple panes. So the only workaround is to add the QQE MOD indicator to your chart separately for visual purposes