SSL Indicator For ThinkorSwim

[blackbeard12]

Hey guys, found this cool indicator on tradingview called the SSL indicator, very useful for trend trading. Is anyone well enough versed or have any ideas on how to convert this code to thinkscript? Thank you.

 

[gjervis]

Hello,

Is this indicator or one similar to it available on TOS?

 

[skynetgen]

I actually made one . its kinda good visualisation tool for fast moving averages.
https://tos.mx/4Xvv2j

#also gannhilow
#https://www.tradingview.com/script/xzIoaIJC-SSL-channel/
declare upper;
input period=8;
input avgType=averageType.simple;
def avgHigh=movingAverage(avgType,high, period);
def avgLow=movingAverage(avgType,low, period);;

def H1v =  if isnan(close[1]) then 0 
        else if close > avghigh then 1
        else if close<avgLow then -1   
        else H1v[1];


plot sslDown= if h1v<0 then avghigh else avglow;
ssldown.setDefaultColor(color.red);
plot sslUp= if h1v<0 then avgLow else avghigh;
sslUP.setDefaultColor(color.green);
addcloud(sslup,ssldown,color.dark_green,color.red);

 

[horserider]

@skynetgen Good job on the study.