SSL channel Indicator => must have!

[nrkoka786]

Hi Brandon, thanks for your response. I want to avoid these false signals (in the white box in the screenshot enclosed).

[NinjaTrader_BrandonH]

Hello nrkoka786,

Thanks for your note.

Is the chart in the screenshot you shared from the NinjaTrader Desktop or NinjaTrader Web platform? It seems like this chart window might not be a NinjaTrader chart window.

We would not be able to assist with charts external to NinjaTrader.

That said, I am not aware of an indicator that could be used with the ChannelSSL indicator linked on this forum thread to avoid certain signals.

The forum thread is open for other community members on the Forums will share their insights on possible indicator combinations you could use.

[nrkoka786]

what is the best time frame to use with the channelSSL indicator for futures?

[NinjaTrader_BrandonH]

Hello nrkoka786,

Thanks for your note.

We do not have a specific suggested timeframe to use the Channel SSL indicator with.

It would ultimately be up to you to decide on what you find is the best timeframe to use with the Channel SSL indicator.

This forum thread will be open for other community members to share their insights on what they find is the best timeframe to suit their goals.

[Birdy]

Hi Guys: this channel concept is something I have been curious about for some time.
Can you see if these is any difference to a "Super trend" indicator and advise please?

[NinjaTrader_BrandonH]

Hello Birdy,

Thanks for your notes.

You could consider doing a Google search for "Super trend indicator" and a search for "Channel SSL indicator" to see the differences in these indicators. When running these Google searches on my end, I found the following information.

The SuperTrend Indicator is a technical analysis tool designed by Olivier Seban. It is used to identify market trends and potential entry and exit points in trading. The indicator is based on two dynamic values, period and multiplier, and incorporates the concept of Average True Range (ATR) to measure market volatility. The SuperTrend Indicator generates buy and sell signals by plotting a line on the price chart, with a green line indicating a bullish trend and a red line indicating a bearish trend.

Known as the SSL , the Semaphore Signal Level channel chart alert is an indicator that combines moving averages to provide you with a clear visual signal of price movement dynamics. In short, it's designed to show you when a price trend is forming.SSL Channel is based on an average of the highs and lows. It flips from green to red signifying a potential turn.

[RobEB]

I cannot seem to get this to download. I send it to a compressed file and attempt to import but the message i get is this is an outdated version of ninja trader. Can anyone help me et this downloaded?

[NinjaTrader_BrandonH]

Hello RobEB,

Thanks for your notes.

In NinjaTrader 8 (8.1.1.7) I was able to successfully import the ChannelSSL_NT8.zip file shared by my colleague Chelsea on post # 9 of this forum thread.

Please download the ChannelSSL_NT8.zip file on post # 9 and then import it into NinjaTrader 8 by going to Tools > Import > NinjaScript AddOn.

Let me know if I may assist further.

[RobEB]

Thank you Brandon. I was using an outdated version. As an aside I really, really dislike having to log in when I open NT now.

[RobEB]

New question: How would I go about removing the arrows in the script? I've tried several times and cannot get the script t run without them. Thank you.

[NinjaTrader_BrandonH]

Hello RobEB,

Thanks for your notes.

If you do not want the script to draw arrows on the chart then you would need to remove the sections of code that call Draw.ArrowUp() and Draw.ArrowDown() from the script.

The sections of code in the script looks like this:

if(trend != 1)
Draw.ArrowUp(this, "Up " + CurrentBar.ToString(), false, 0, Low[0] - 2 * TickSize, Brushes.Gold);

if(trend != -1)
Draw.ArrowDown(this, "Down " + CurrentBar.ToString(), false, 0, High[0] + 2 * TickSize, Brushes.Gold);

[NUVERSA]

Try the attached

thank you 22, i will be using this!
Love, 33

[GiveMeCodes]

Does anyone know how to modify the codes so that uptrend channel will color green, and downtrend channel will color red? I want to make it look like on tradingview

[NinjaTrader_ChelseaB]

Hello GiveMeCodes,

To set the color of the plot, assign PlotBrushes[plot index][barsAgo index] a brush object.

https://developer.ninjatrader.com/docs/desktop/plotbrushes

For example:

if (IsRising(Values[0]))
{
PlotBrushes[0][0] = Brushes.Green;
}