OPEN-SOURCE SCRIPT
SSL Hybrid + QQE Strategy
Updated
SSL Hybrid strategy combining QQE MOD as trade entry filter.
Rules to enter LONG:
Rules to enter SHORT:
Rules to enter LONG:
- SSL1 is under lower baseline lower
- QQE histogram bar is blue
- QQE line is above 0
Rules to enter SHORT:
- SSL1 is under above baseline upper
- QQE histogram bar is red
- QQE line is below 0
Release Notes
- Convert from v4 to v5- Update strategy date range to 2030
Release Notes
Changing value initial capital from 5,000 to 100,000. This is needed for the strategy to work on some higher value assets (like SPY or Gold for example). This strategy utilises multiple TP levels and it uses multiple entries to achieve this. The problem arises on assets where you must buy a minimum of 1 whole unit. When we take the capital per trade and divide it by the 5 entries if may not be enough to have 5 separate entries. Increasing the capital solves this issue.
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 publication is governed by House rules. You can favorite it to use it on a chart.
Disclaimer
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