2009.06.16 3 LEVEL ZZ SEMAFOR

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TheRumpledOne
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2009.06.16 3 LEVEL ZZ SEMAFOR

Postby TheRumpledOne » Tue Jun 16, 2009 4:02 pm


2009.06.16 3_Level_ZZ_Semafor TRO_MODIFIED_VERSION



ZIP FILE UPDATE 2009.06.18 8:25 AM


Image

3_Level_ZZ_Semafor_TRO_MODIFIED_VERSION has been modified to draw upper and lower trendlines through the most recent semafors. An alert has been added to sound when price is at/near the trendline.


FREE MT4 version 3_Level_ZZ_Semafor_TRO_MODIFIED_VERSION, including SOURCE CODE, attached.


PLEASE DO NOT POST MY CODE ON OTHER FORUMS.



Updates:

Support/Resistance lines plotted through the most recent semafors.

Retrace and Target lines added.

Legend added.
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Last edited by TheRumpledOne on Thu Jun 18, 2009 3:26 pm, edited 3 times in total.
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Postby lukx » Tue Jun 16, 2009 5:48 pm

TRO, is there anyway you could make ZZ indy to show "ghosts" of semas that had been pushed? So we can see the first level the sema showed up and than how many times it has been pushed?

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Postby TheRumpledOne » Tue Jun 16, 2009 6:00 pm

Someone already did that. Plus I wrote a couple of indicators showing the history.
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Postby TheRumpledOne » Wed Jun 17, 2009 7:28 pm

Image

Maybe I should call this DRAINING THE BANK - LITE

LOL!!
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Postby johnsund » Wed Jun 17, 2009 9:11 pm

TRO - Qusetions for you please

1. You watch price move between the trend lines, and as it approaches one you get ready to enter?
2. If price move outside trend line it is a breeakout and you play it accordingly?
3. The horizontal lines at the semafors on the above chart mean what?
4. What if trendlines on M15 and H1 are opposite each other?

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Postby TheRumpledOne » Wed Jun 17, 2009 10:09 pm

TRO - Qusetions for you please

1. You watch price move between the trend lines, and as it approaches one you get ready to enter?

NO. I WOULD MOST LIKELY ALREADY BE IN A TRADE. IF NOT IN A TRADE, I WOULD BE WAITING FOR A SETUP.

2. If price move outside trend line it is a breeakout and you play it accordingly?

IF IT BREAKS, THEN YOU GO WITH THE FLOW.

3. The horizontal lines at the semafors on the above chart mean what?

THAT IS THE PRICE WHERE THE SEMAFOR IS LOCATED.

4. What if trendlines on M15 and H1 are opposite each other?

TRADE ONE CHART PERIOD AT A TIME. H1 OR M15, PICK ONE OR THE OTHER BUT NOT BOTH.
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forexbob
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SEMA AT STRANGE PLACE

Postby forexbob » Thu Jun 18, 2009 11:44 am

dont know why, but see sema3 at strange place
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Postby forexbob » Thu Jun 18, 2009 11:53 am

another example
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Postby TheRumpledOne » Thu Jun 18, 2009 3:37 pm

It's not in a strange place... that's how the code is written.
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Postby forexbob » Thu Jun 18, 2009 3:52 pm

well ok, but not seen that before that sema was placed way below or above the wick, just tried to understand. so when in the last example in the last green bar i get a sema1 at 1.3930 (the high of the bar) but way above it a sema2.

as a programmer i understand that it shows what is written in the code;only maybe me 2 dumb to understand why...

so prob i then have to read again how these sema's work..
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