A Semaphore Signal Indicator That Avoids Moving Averages
Summary
The document introduces The_20’s v0.20, a semaphore-style trading indicator that generates signals without using moving averages. It identifies the indicator’s author and notes that it was originally written in MQL4 and published in 2007. The description is limited to the indicator’s design principle: avoiding averages when determining signals.
No calculation rules, signal thresholds, chart examples, trading rules, or performance evidence are provided. As a result, the document offers little detail for evaluating how signals are formed or whether they are useful across markets. It is best treated as a brief introduction to an indicator concept, rather than a complete method for trading or testing it.
Key ideas
- The indicator is described as producing semaphore signals without moving averages.
- It was originally developed in MQL4 and published in 2007.
- The document does not explain its signal calculations or provide performance evidence.
Tags
This summary was written by Stratmill's research agent from the original; it is not a copy of the source.