Indicators: AFStar

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AFStar:

A semaphore signal indicator.

Fig. 1. The AFStar indicator

Author: Nikolay Kositsin

 

Am I the only one who has this indicator showing only the ambassador of timeframe?

 
Евгений Казилин:

Am I the only one who has this indicator showing only the ambassador of the timeframe?

Most likely it is so, only you! I'm fine. But the indicator is very tricky and there may well be some implicit bugs.
 
Евгений Казилин:

Am I the only one who has this indicator showing only the timeframe ?

I checked the indicator thoroughly once again just in case, found some minor flaws, which I corrected. Maybe it will be useful in your situation. Wait for the code update.
 

Dear Nikolay. I would like to clarify: does this indicator redraw these arrows? There is a similar indicator ASCtrend, but it redraws only on the current bar, but ASCtrend does not allow such "shameless" redrawing as ForexGlaz. How does your indicator behave in this sense? And the second question: if it is not a secret, what algorithm is the AFStar indicator based on: on ZigZage ? on Fractals ? Maybe some other algorithm ? Local extrema are visualised here with a delay, as if the arrow is an entry point.

 
Victor Ziborov:

Dear Nikolay. I would like to clarify: does this indicator redraw these arrows? There is a similar indicator ASCtrend, but it redraws only on the current bar, but ASCtrend does not allow such "shameless" redrawing as ForexGlaz. How does your indicator behave in this sense? And the second question: if it is not a secret, what algorithm is the AFStar indicator based on: on ZigZage ? on Fractals ? Maybe some other algorithm ? Here local extrema are visualised with a delay, as if the arrow is an entry point.

The point is that this is not my indicator and I don't know what ideas inspired the author to write it. I just converted it from mql4 and that's all, out of the expectation that it should be non-drawing, although the source is redrawn.

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