Semaphore signal indicator based on the DSSBressert indicator algorithm.
Fig.1. The DSSBressertSign indicator
Translated from Russian by MetaQuotes Software Corp.
Original code: https://www.mql5.com/ru/code/16021
Oscillator with calculations using an algorithm similar to Kaufmann's AMA.ZZ Color Retracement
The ZZ Color Retracement based on the Simple ZigZag indicator. In addition to the functionality of the base indicator, the Color Retracemnt analyzes the length of wave movements, highlighting the longer impulse movements in blue and the shorter retracements in red.