A semaphore signal indicator that uses two JMA indicators, based on Open and Close values of the price series. The signals occur when the difference between these indicators changes sign, i.e. in full accordance with the change of the JMACandle indicator fill color.
Fig.1. The JMACandleSign indicator
Translated from Russian by MetaQuotes Software Corp.
Original code: https://www.mql5.com/ru/code/14223
The geTrendOsc indicator with the timeframe selection option available in the input parameters.XMA_Range_Channel
The channel formed by two averages drawn on smoothing of High and Low price series. Candlesticks outside the channel limits are marked with color according to the trend.