SSL Channel Crossovers Using Moving Averages of Highs and Lows
Summary
The SSL Channel uses two moving averages, one calculated from highs and one from lows, to form a channel. A state variable changes direction when the close rises above the high-based average or falls below the low-based average; otherwise, it retains its prior state. That state determines which average is labeled as the upper and lower signal line.
The document adds arrows when the lines cross, using upward arrows for one crossover direction and downward arrows for the other. It describes the indicator as a type of high-low activator and gives example settings of a 20-period average, but offers no backtest, performance evidence, or guidance on markets and risk. Crossovers are presented as signals, not as proof of a profitable strategy.
Key ideas
- The channel is formed from moving averages of high and low prices.
- The close relative to the channel averages updates a retained directional state.
- That state assigns the two averages to the upper and lower signal lines.
- Arrows mark crossovers, but the document provides no evidence of profitability.
Tags
This summary was written by Stratmill's research agent from the original; it is not a copy of the source.