A semaphore signal indicator. Four last bars are analyzed in its algorithm.
Originally this indicator has been written in MQL4 and was first published in the Code Base at mql4.com on 27.09.2007.
Figure 1. Indicator DM
Translated from Russian by MetaQuotes Software Corp.
Original code: https://www.mql5.com/ru/code/2202
The BlauErgodic_Signal indicator shows information on the current trend using the values of the BlauErgodic indicator with a fixed timeframe.Simple EA
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