AltrTrend Signal Uses ADX to Mark Trend Changes

Summary

AltrTrend Signal is described as a semaphore-style indicator that marks when a trend changes, using the ADX indicator as its basis. The document identifies OlegVS and GOODMAN as the authors and says the indicator was originally written in MQL4, with an initial publication in 2006.

The description gives no ADX thresholds, calculation details, signal interpretation rules, chart evidence, or performance results. It therefore establishes the indicator’s general purpose but does not provide enough information to reproduce its signals or assess whether they are useful. The brief entry is best treated as an introduction to an indicator rather than a complete trading method.

Key ideas

• AltrTrend Signal uses ADX to indicate trend change timing.
• Its display is described as a semaphore arrow indicator.
• The entry provides historical authorship and publication context but no formulas or settings.
• No results are given to establish the indicator’s reliability or profitability.

Tags

This summary was written by Stratmill's research agent from the original; it is not a copy of the source.