The semaphore trend signal indicator. The indicator uses in its calculations on the current bar the size of the previous bar candlestick and the maximum deviation of this candlestick for High and Low in a distance defined in the relative units by indicator input parameter value.

input double StopLevel=0.20; // level of triggering

To define the moments of triggering one of two algorithms of calculation with the help of input variable is used:

input bool Variation=false;

This indicator was first implemented in MQL4 and published in Code Base at on 28.09.2007.


MT5 Indicator – Download Instructions

The20sv0.20 is a Metatrader 5 (MT5) indicator and the essence of the forex indicator is to transform the accumulated history data.

The20sv0.20 provides for an opportunity to detect various peculiarities and patterns in price dynamics which are invisible to the naked eye.

Based on this information, traders can assume further price movement and adjust their strategy accordingly.

How to install The20sv0.20.mq5?

  • Download The20sv0.20.mq5
  • Copy The20sv0.20.mq5 to your Metatrader Directory / experts / indicators /
  • Start or restart your Metatrader 5 Client
  • Select Chart and Timeframe where you want to test your indicator
  • Search “Custom Indicators” in your Navigator mostly left in your Metatrader 5 Client
  • Right click on The20sv0.20.mq5
  • Attach to a chart
  • Modify settings or press ok
  • Indicator The20sv0.20.mq5 is available on your Chart

How to remove The20sv0.20.mq5 from your Metatrader 5 Chart?

  • Select the Chart where is the Indicator running in your Metatrader Client
  • Right click into the Chart
  • “Indicators list”
  • Select the Indicator and delete

Click here below to download MT5 Indicator:


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