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- Published:
- 2016.02.08 16:21
- Updated:
- 2023.03.29 13:45
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Real author:
raff1410
Semaphore signal indicator based on the VolatilityQuality indicator algorithm.
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".
Figure 1. The VolatilityQualitySign indicator
Translated from Russian by MetaQuotes Ltd.
Original code: https://www.mql5.com/ru/code/14329

The ColorBulls with the timeframe selection option available in the input parameters.

The ColorBears with the timeframe selection option available in the input parameters.

Semaphore signal indicator based on the LeManTrend indicator algorithm.

The LeManTrend implemented as a histogram of the smoothed difference between its signal lines.