Price-Jerk Semaphore Signals for Counter-Movement Entries

Summary

The document describes a simple indicator that marks historical and current signals based on how far price moves over a chosen number of bars. It displays semaphore-style arrows and identifies entry points against the measured movement, adapting an idea from a modification of the Bulldozer expert advisor. The stated description gives the signal concept, but not the precise threshold settings or full calculation rules.

The indicator was originally written in MQL4 and published in 2014. The document provides no backtest, performance statistics, market-specific guidance, or risk controls, so it offers little evidence about whether counter-movement entries are profitable. Its signals should therefore be understood as a technical indicator concept rather than a validated trading strategy.

Key ideas

• The indicator measures price movement over a specified number of bars and point threshold.
• It marks past signals as well as the current signal with semaphore-style arrows.
• Its proposed entries go against the measured price movement.
• The description provides no performance evidence, exact settings, or risk-management rules.

Tags

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