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- Published:
- 2016.02.16 08:49
- Updated:
- 2016.11.22 07:32
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Real author:
Andy Ismail
A semaphore signal indicator based on the price extremums for the two periods determined by the indicator input parameter.
Originally this indicator has been written in MQL4 and was first published in the Code Base on 04.01.2016.
Figure 1. The AlphaTrendSpotter-pa_free indicator
Translated from Russian by MetaQuotes Ltd.
Original code: https://www.mql5.com/ru/code/14720

The ColorBearsGap indicator with the timeframe selection option available in the input parameters.

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The indicator helps to determine the beginning and end of trends on the basis of the slope of the "matches" lines and the color of their heads.

Simple Max-Min channel with a slope.