A semaphore arrow signal indicator drawn on the basis of the EMA trend and reversal signals from crossings of the StepSto_v1 oscillator and its signal line.
Place the StepSto_v1.ex5 compiled file to the terminal_data_folder\MQL5\Indicators.Â
Indicator input parameters:
//+----------------------------------------------+ //| Indicator input parameters   | //+----------------------------------------------+ input int confirm_StepMA_Bars=2;    //the number of bars to confirm the signal input HourCount TradeTimeFrom=D00;  //start trading input HourCount TradeTimeTo=D23;    //stop trading input bool alert_ON=false;          //permission to send alert input double Kfast=1.0000; input double Kslow=1.0000; input uint EMA_Period=50;
This indicator was first implemented in MQL4 and published in Code Base at mql4.com on 11.10.2007. Â
Fig.1 The CatFX50 indicatorÂ