BambinoFlex wrote:Mira wrote:Sometime i'd just want a volatility stop
Hey Mira, just curious, how do you trade the zemaphore (semaphore?). I tried but I do not understand it. It repaints badly, or do I need to take it for another test drive lol
I'm guessing you wait for candle to close and then trade with the zema. Haven't tried it, but curious.
I don't know if i'm using it in the "right" way but, when the current price is drawing a 3 sema i know that price is high/low enough to call it high or low (or HH and LL) and i trade away from there. It gives me informations about price but it doesn't signal a trade.
Every time that price breaks over a HH/LL it makes a new HH/LL so it doesn't repaint, not more than price.
I usually look for a 3 sema to validate a reversal trade and at least for a 2 for a continuation trade, it looks mechanical at first but then you keep it on the chart and your brain start to assimilating it.