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Published:
2018.12.18 19:13
\MQL5\Include\

Semaphore signal indicator triggering when the JMACandle candles change their direction.

//+----------------------------------------------+
//|  INDICATOR INPUTS                            |
//+----------------------------------------------+
input Smooth_Method MA_Method1=MODE_JJMA;              //smoothing method
input int Length1=30;                                  //smoothing depth                    
input int Phase1=15;                                   //smoothing parameter,
//---- for JJMA, changing within -100 ... +100, affects the transient process quality;
//---- For VIDIA this is CMO period, for AMA this is a slow average
input uint Gap=10;                                     //not considered gap in points
input uint BuySymb=171;                                //Buy symbol
input uint SellSymb=171;                               //Sell symbol

To replace the values of the two last inputs, use the Wingdings font symbols table.

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".

Fig. 1. JMACandleTrend indicator

Fig. 1. JMACandleTrend indicator

Translated from Russian by MetaQuotes Software Corp.
Original code: https://www.mql5.com/ru/code/22560

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