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j2jmasign.mq5 (9.23 KB) view

\MQL5\Include\

smoothalgorithms.mqh (130.19 KB) view

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Semaphore signal indicator triggering when the J2JMA moving average changes direction.

The indicator uses the CJJMA class from SmoothAlgorithms.mqh library (copy it to <terminal_data_folder>\MQL5\Include). The use of the class was thoroughly described in the article "Averaging Price Series for Intermediate Calculations Without Using Additional Buffers".

Fig.1. The J2JMASign indicator

Translated from Russian by MetaQuotes Ltd.
Original code: https://www.mql5.com/ru/code/13836

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J2JMASign - indicator for MetaTrader 5