Elliott Wave Oscillator Semaphore Signals and Configurable Moving Averages

Summary

This document describes a semaphore signal indicator based on an Elliott Wave Oscillator algorithm. It exposes a mode setting for the signal-defining algorithm, two configurable moving averages, applied-price choices, and a horizontal shift. The listed defaults use a short first average and a longer second average, with different smoothing methods; the available methods include options whose phase or secondary parameter changes their behavior.

An optional setting enables a one-time audio alert when an arrow appears on a completed bar. The material is limited to a brief description and input parameter list. It does not explain the signal formula, what the arrows mean, how the modes differ, or how to trade the signals. No charts, testing results, or evidence of predictive value are included, so the indicator's behavior and practical limits cannot be evaluated from this document alone.

Key ideas

• The indicator generates semaphore signals using an Elliott Wave Oscillator algorithm.
• Its signal mode and two moving average configurations are adjustable.
• Users can select smoothing methods, input prices, and a horizontal bar shift.
• An optional audio alert can trigger when an arrow appears on a closed bar.
• The document does not provide signal rules, performance evidence, or trading guidance.

Tags

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