Real author:

MojoFX

A semaphore arrow signal indicator. The indicator puts colored dots at times when you can trade.

The indicator uses SmoothAlgorithms.mqh library classes (must be copied to the 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".

Originally this indicator has been written in MQL4 and was first published in the Code Base on 06.11.2007.

Figure 1. Indicator TTF_Plus_MW