Looks like a sensor, possibly type used at lights with bus prioroty. Traffic light cameras usually look similar to speed cameras and take two timed photographs to show light going red and time gap until line is crossed.
If you waited 10mins the sensor is faulty or perhaps you were wrongly positioned.
This one is near home and controls alternate one way traffic over a narrow bridge on a blind bend:
goo.gl/maps/rPrq9WAG3CQ2
It won't change until you go right up to the stop line. Vehicles are then detected by the wiring in the road.
Edited by Bromptonaut on 14/01/2017 at 14:35
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