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Semafors

Posted: Sat Sep 11, 2010 7:55 pm
by Pipdude
Is anyone trading with semafors on larger timeframes and finding greater accuracy?

Posted: Sat Sep 11, 2010 8:51 pm
by noushina
I'm using them on 4 hour charts with Bbands. They are just the peak of a zig zag, and in a trend will move. I like 'em bc they stick out.

If you put barry's support and resistance on a chart it will draw the little line of diamonds at the place of the semaphors. I use em both

Image

Posted: Sun Sep 12, 2010 2:21 am
by Pipdude
Great! Glad to hear that. Which indy is drawing the blue/red target looking points?

1D with SnR?

Posted: Sun Sep 12, 2010 2:36 am
by Pipdude
What about 1D with SnR? If its a higher timeframe do you still need to shift to a lower one for entry?

Posted: Sun Sep 12, 2010 10:25 am
by noushina
Pipdude wrote:Great! Glad to hear that. Which indy is drawing the blue/red target looking points?
That's the 3 levelZ semaphor you are talking about. In the settings for that indicator you change the ones that say Symbol KOD to 161 rather than 140,141,142. That gives you the hollow circle rather than the numbered circles.

For how to trade questions please see Drain the Banks like a Rat thread, or Lukx's zline thread.

Posted: Sun Sep 12, 2010 6:37 pm
by Pipdude
Ok will do thanks!