3_Level_ZZ_Semafor (indicator for MT4) - page 10
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confirming the usage of 3 Level Semafor
Hello !
I would like to make sure if I undestand correctly.
When the tiny green dot with outer circle is on, I issue "buy".
When the tiny red dot with outer circle is on, I exit. or enter "sell".
What does the blue dots with outer circle mean ?
In the previous post 3 Level Semafor is best for M30 TF. Is this correct ?
For which currency pairs does the 3 Level Semafor work ok ? I am trying GBPJPY and EURUSD.
What function does "X TangaJiwa" provide ?
Best Regards,
pjo
I forgot to attach the screen shot.
Hi Linuxuser, please explain what ABC advance/decline is. pjo
Me?
https://www.mql5.com/en/forum/175448
ABC (or 123) could be followed often by looking just last three arms of some ZZ alike indie.
There are different interpretations of the system but it's the same in deep. Last three swings.
Maybe when I've written advance/decline I made a mistake. ABC up/down. ABC Waves could explain better.
OK.
At post #93, do you see ABC or 123 ?
Please give me any link or pointer which describes 3 level semafor and ZigZag.
I searched TSD but could not find any concise easy-to-understand description. All I want to know is when to enter a sell/buy position and when to exit it.
OK.
At post #93, do you see ABC or 123 ?
Please give me any link or pointer which describes 3 level semafor and ZigZag.
I searched TSD but could not find any concise easy-to-understand description. All I want to know is when to enter a sell/buy position and when to exit it.The only think I know about 3 level sem... is it's based on some ZZ as author explained.
My point on the post was to talk about certain indicators that repaints bu could used anyway. Nobody critics eSignal right?
TO read about most common ZZ go here: ZigZag - StockCharts.com
Here is a similar chart showing 3 level semafor and zigzag indicator in use. Xard777
Thanks Linuxuser and card777.
Please correct these if there are any errors:
This is about the post #93.
Which one is 1st level, and 2nd level, and 3rd level ?
How do I interpret these levels ?
When the tiny green dot with outer circle is on, I issue "buy".
When the tiny red dot with outer circle is on, I exit. or enter "sell".
What does the blue dots with outer circle mean ?
In the previous post 3 Level Semafor is best for M30 TF. Is this correct ?
For which currency pairs does the 3 Level Semafor work ok ? I am trying GBPJPY and EURUSD.
What function does "X TangaJiwa" provide ?
Here is a similar chart showing 3 level semafor and zigzag indicator in use. Xard777
Please give us a pointer to these Indies or files.
Regarding post #99
Hello Folks!
I thought that the questions at post #99 are not so difficult to be answered if someone has experience to run the 3 level s.
Maybe I am wrong.
How can I rephrase the questions so that any response is posted ?
I am searching for any description of 3 level s but could not find any other than the ZigZag explanation link on this page.
3_Level_ZZ_Semafor
3_Level_ZZ_Semafor - MQL4 Code Base