Explore the latest free tools from the MQL5 community. Here's a new indicator, expert advisor, or script for MetaTrader.
Real author:
Iin Zulkarnain
A semaphore signal indicator that uses Moving Averages. The signals are formed at the bend of Moving Averages when there are local extremes.
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This indicator was first implemented in MQL4 and published in Code Base at mql4.com on 24.03.2008.

Figure 1. The IINWMARROWS indicator
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