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Published:

2014.04.18 16:22

Updated:

2016.11.22 07:32

i-sig.mq5 (8.29 KB) view

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Real author:

3172552 & KimIV

A semaphore signal indicator that analyzes the last five bars.

Originally this indicator has been written in MQL4 and was first published in the Code Base at mql4.com on 24.09.2007.

Figure 1. The i-sig indicator

Translated from Russian by MetaQuotes Ltd.
Original code: https://www.mql5.com/ru/code/2219

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The indicator predicts daily price ranges and draws them as filled rectangles.

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The indicator draws candlesticks of a larger timeframe as color filled rectangles. Rectangles are color filled in accordance with the values of the ColorStepXCCX indicator.

Exp_ColorJJRSX

This trading system uses the ColorJJRSX oscillator.

RChannel

A channel drawn by intraday extrema.

i-sig - indicator for MetaTrader 5