Simply the best indicator I've ever used. At least so far it's been terrific at generating lucrative signals. With the default settings I got 84% of hits using 2 time-frames to confirm the entries.
Semaphore and ABC Pattern
- The indicator places Semaphore points on the maximum and minimum of a higher, medium and lower period.
- It includes A,B,C Triangles for easier spotting of reversal chart pattern which occurs very frequently and has a very high success ratio.
- Both Semaphore and A,B,C Triangles have Alerts and Push notifications to a mobile device when they occur on the chart.
- These indicators are very useful for breakout trading and spotting support/resistance levels which gives good opportunities for positions.
Indicator parameters
- ShowSemafors - show or hide the semaphores (default true)
- PeriodLast - checks the specified number of previous bars to see if they are lower/higher than current semaphore (default 12.0)
- PeriodPips - checks if the current High(Low) is higher(lower) than the last High(Low) between the specified number of pips (default 34.0)
- PeriodBars - you can input the minimum number of bars which are required for a new extremal semaphore to occur (default 234.0)
- WidthLow - width of lower semaphore point (default 5)
- WidthMed - width of medium semaphore point (default 5)
- WidthExtr - width of extremal semaphore point (default 5)
- BarsCount - bars from which semaphores start drawing on the chart (default 3000)
- ShowTriangles - show or hide the triangles (default true)
- FillUp - filling the triangle with the chosen color (default false)
- ShowMarks - show mark with the price of the side on triangle (default true)
- BuyTriangle - color of the Buy Triangle (default is blue)
- SellTriangle - color of the Sell Triangle (default is red)
- BuyMark - color of the buy price mark (default dodger blue)
- SellMark - color of the sell price mark (default red)
- Width - width of lines which forms the triangles (default 3)
- ShowAlert - desktop alert for semaphore (default true)
- ShowAlertTr - desktop alert for triangles (default true)
- PushAlert - mobile phone alert for semaphore (default true)
- PushAlertTr - mobile phone alert for triangles (default true)
How to configure the indicator?
- The indicator is configured with default settings which are most effective.
- If you want to experiment and try different settings you can open Indicator list, choose AI_Semaphore+ABC and click on "Inputs" tab.
- Check the Screenshots to see how to input your parameters correctly.
Сheck the specified number of previous bars to see if they are lower/higher than current semaphore.
Daniel Gomes
2018.09.05 15:25
#
版本 1.2
2018.03.30
Mobile Push notification message: price of the Blue/Red Triangle is properly calculated and rounded to the sixth number.
版本 1.1
2018.03.01
Fixed the disappearing of triangles when new bar is formed.
Optimization of the code.
Optimization of the code.
There a are a lot of possibilities using the semaphor.
Semaphor is one of the best indicators, catching the swings a the right time, and make best possible profits. Otherwise you will never ever make good profits and continue struggling. Of course the signals have to be confirmed, before entry.
Whenever I tried other systems, I lost all my profits again.
Buy low sell on high. This is how it is working, just simple.