Semaphore Arrow Indicator Signals for Trade Timing

Summary

This document introduces a semaphore-style arrow indicator that marks potential trading times with colored dots. It identifies the tool’s basic purpose but does not explain the signal rules, the meaning of each color, or how a trader should interpret the markers. As a result, the description offers only a limited account of the method and no evidence about performance or reliability.

The indicator depends on classes from a separate smoothing library that must be installed in the terminal’s include folder. The description notes that the tool originated in MQL4 and was first published in 2007. It does not provide backtest results, asset or timeframe guidance, risk controls, or caveats about false signals, so traders would need further documentation and independent evaluation before relying on it.

Key ideas

• The indicator places colored dots on a chart to mark potential trading times.
• It requires classes from a separate smoothing library.
• The description provides no rules for interpreting signals or evidence of trading performance.

Tags

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