Semaphore signal indicator based on the XXRSX_StDev indicator values.
input Applied_Mode Mode=Mode_LevelsStDev_On; // Algorithm variant
Depending on the value of Mode input parameter, the indicator uses one of the 5 methods of determining signals:
The indicator uses SmoothAlgorithms.mqh library classes (copy it to <terminal_data_folder>\MQL5\Include). The use of the classes was thoroughly described in the article "Averaging Price Series for Intermediate Calculations Without Using Additional Buffers".
This indicator requires the compiled indicator file XXRSX_StDev.mq5. Place it in <terminal_data_folder>\MQL5\Indicators\.
Fig.1. The XXRSX_StDev_Signal indicator
Translated from Russian by MetaQuotes Software Corp.
Original code: https://www.mql5.com/ru/code/12829
Semaphore signal indicator based on the XCCX_StDev indicator values.ColorJFatl_StDev
The ColorJFatl indicator with additional trend strength indication using colored dots based on the standard deviation algorithm.