2009.06.16 3 LEVEL ZZ SEMAFOR

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wannabe21
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Postby wannabe21 » Fri Jun 19, 2009 12:56 am

TRO - Is it me, or do support and resistance look a little off?

Image

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forexbob wrote: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..


forexbob -- see the thread entitled "REPAINT THIS!" for the explanation.

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TheRumpledOne
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Postby TheRumpledOne » Fri Jun 26, 2009 12:59 pm

Image

Coming soon!

Trendlines through the most recent "3"s
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***FX-JEDI***
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Postby ***FX-JEDI*** » Fri Jun 26, 2009 1:21 pm

TheRumpledOne wrote:Image

Coming soon!

Trendlines through the most recent "3"s


Good Stuff, its hard reading thru post & learning your methods& others, whilst trying not to get left behind with all the new stuff coming out...lol
nice Trendline bounce for long on the 2 & 1 sema after the two 3's drew a blue Trendline..

keep it coming!!

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TheRumpledOne
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Postby TheRumpledOne » Fri Jun 26, 2009 3:38 pm

Image

Possible bug in the original 3 Level ZZ Semafor indicator.

The "3"s don't match the ZigZag indicator when the inputs are the same.

Maybe it is NOT a bug READ HERE
IT'S NOT WHAT YOU TRADE, IT'S HOW YOU TRADE IT!



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TheRumpledOne
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Postby TheRumpledOne » Thu Jul 02, 2009 5:49 pm

Image

COMING SOON...

I added support/resistance lines based on the "3"s.

Number of "3"s to use, line style, color and width are user inputs.
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Postby Beej » Thu Jul 02, 2009 8:19 pm

Now that is very nice... Look forward to it's release..

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Postby TheRumpledOne » Fri Jul 03, 2009 12:34 am

Image

I also added an input, mySRlevel, that allows the user to pick at which semafor level to plot the s/r lines.

Remember a "3" is also a "2" and a "1". And a "2" is also a "1".
Attachments
3LZZ_TRO_MOD.zip
(29.32 KiB) Downloaded 389 times
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TheRumpledOne
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Postby TheRumpledOne » Fri Jul 03, 2009 2:10 am

Image

I cranked up the number of s/r lines to 10 and it looks like they work.
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Postby waheedwg » Fri Aug 21, 2009 11:48 pm

thanks for this indicator
i want to know the signal not change from bar to anoter bar?
thanks

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What is the modification from the original semafor

Postby sammychak » Mon May 12, 2014 11:13 am

Hello Mr. Avery,


Could you let us know what was the modification on the original 3 level zz semafor - and how it gives any new form of information that we could not see before. I see a lot of times the "3" is painting which is what its supposed to do and makes sense, but sometimes it is painting well over 80 - 100 pips before reversing. Could you let us know on what basis of the market movement, the "3" is actually appearing (perhaps at major structures) or daily ranges.


Also I am having some trouble using the tro breakout zone indicator, since when I scroll back to look at historical data (especially on the H1) I see the indicators start to glitch and deform on the charts.



I noticed also, that the TRO breakout indicator stops painting after the green and red lines appear, and only the pink lines are painting the market. Could you explain why this is and the important of this please. How could we pick the best breakout out zones using this indicator for best performance.



Thanks for all the support.

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