SSL + NSDT

📈 TradingView Strategy: https://www.tradingview.com/script/lpXbrrzL-SSL-NSDT-by-DaviddTech/

🍿 Watch video: https://www.youtube.com/watch?v=YJrELewfIrU

Strategy : [SSL + NSDT]
Video : Most Profitable Scalping Tradingview
Indicator 

Indicators Explained There are 3 main indicators used in this trading setup, and each of these indicators has been explained below in detail. 

SSL CHANNELKnown as the SSL, the Semaphore Signal Level channel chart is an indicator that is primarily used to identify trends. It does this by combining a variety of moving averages to give a clear visual signal of price. The SSL is primarily just a combination of moving averages, however, using the combined indicator as opposed to the individual average lines makes the charts cleaner and less cluttered. The SSL channel shows green and red lines to show you when a price trend is forming. 

NSDT HAMA The NSDT HAMA indicator is basically the Heikin Ashi Candles along with a moving average line. The Heikin Ashi candles are an alternative to using standard candlesticks on charts. They’re called the average bar candles, and they make it easier to spot trends and analyse patterns in the candlestick data. Charts created using Heikin Ashi candles usually look smoother than those created with normal candlesticks, because Heikin Ashi candles take the average of the movement and can easily be used to spot trends and identify when trends are reversing. In addition to this, any average (WMA, SMA, EMA

) can be used with any time period in this indicator. 

SettingsFor this particular trading setup, the following settings were used on the indicators: 

**NSDT HAMA: **A 100-period EMA was chosen instead of the default 65-period EMA.**SSL Channel:  **It was used with the default settings. A long was initiated whenever the SSL channel line was green, the price was above the 100EMA line, and the HAMA candles were green. The ideal situation is that the SSL green channel is the lowest, with the 100EMA above it, and the HAMA candles above the 100EMA. 

A short was initiated whenever the SSL channel line was red, the price was below the 100EMA line, and the HAMA candles were red. The ideal situation is that the SSL red channel is the highest, with the 100EMA below it, and the HAMA candles below the 100EMA. 

The risk-reward ratio was fixed at 1:2.  

Results and Adjustments INITIAL RESULTS After testing the strategy on a 1-hour graph of Bitcoin data, the overall results were: 

**Profitability**: 2930.11% net profit 

**Number of Trades: **849

**% of trades profitable: **76.33% 

**Profit factor**: 2.07

**Drawdown:** 26.29%

ADJUSTMENTS Some additional indicators and settings that could be added in order to increase the win rate and reduce the risk employed are: 

Changing the EMA line for the NSDT HAMA from 100 to 69 gives better results. The ADX indicator could be added to weed out bad trades that would’ve been made when the trend was about to end.  You can add the Flat Market

indicator to weed out bad trades and avoid opening positions in flat markets. ConclusionThere are several highly profitable trading strategies that you can use in order to trade the markets and profit, but there are few that are as highly effective as the one discussed above. By implementing it even in its current form, you can make significant profits. You can also tweak the settings and alter the parameters on your own, resulting in a higher win rate and/or profitability.