Fast3 Semaphore Indicator for Arrow-Based Trade Signals

Summary

Fast3 is described as a semaphore-style indicator that places trade signals on a chart as arrows. Its signal calculations are said to follow the approach of a related indicator called Fast2; the stated distinction is the arrow presentation. The document does not explain the underlying signal formula, the conditions that trigger arrows, or how a trader should act on them.

The indicator uses classes from a SmoothAlgorithms library that must be available in the platform’s include folder. The source notes that the approach was first implemented in MQL4 and later published in the MQL5 code base. It points to a separate article for background on the library’s intermediate price-series averaging. No market, timeframe, risk rules, examples, backtest, or live results are provided, so the description supports understanding the indicator’s format and dependency but not evaluating its trading performance.

Key ideas

• Fast3 displays semaphore-style trade signals as arrows on the chart.
• Its signal calculations are described as similar to those of Fast2.
• The indicator depends on classes from a SmoothAlgorithms library.
• The document gives no signal formula, trading rules, or performance evidence.

Tags

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