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When a semafor first appears that is a sign of a breakout, rather than a reversal.
hi all, is there a 3 level semafor version that plots dots or arrows in the candles where a semafor level has been issued?
Hi, every trader
I want to get an ea,please help me
I att the pic and the 123 semafor indsFor me it's an dangerous indic cause it repaints badly.
Set 3 period to 36, 60, 156.
It is a good setup
Ok, for the non coder, will someone be kind enough to explain what this indicator is actually doing/plotting?
Ok, for the non coder, will someone be kind enough to explain what this indicator is actually doing/plotting?
It is plotting the zig zag points.
Most people do not understand how to use this indicator.
When a semafor first appears, that usually indicates a breakout in the same direction with a reversal to follow.
Reversal confirmation
When a semafor first appears that is a sign of a breakout, rather than a reversal.
Thanks for this advice. So do we trade this as a break out or wait for some other confirmation of reversal...Please advise.
When a semafor first appears that is a sign of a breakout, rather than a reversal.
Thanks for this advice. So do we trade this as a break out or wait for some other confirmation of reversal...Please advise.
I think we instinctively, we have the RANGE thinking - - that is a NO NO in trading
but depend on whether it turn out to be trend market or range market, -- either way, we must have SAFETY NET
Set 3 period to 36, 60, 156. It is a good setup
u mean this set up can use it for any timeframe?...
yellow "3"
WIll someone tell me if pos what the yellow "3" ball stands for in this download.
I realize its been awhile since this thread has been active.
Thanks
bambi