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3 Level ZZ Semafor: Please, someone can explane well how it work?

Posted: Thu Jun 15, 2017 5:04 pm
by thor0073
good day to all member,

my name is Andrea and i am new on this forum (and sorry for not perfect english)

my experience with forex is little, i start with EA and now i am try to trade manually with various system and method but WITHOUT any consistence return...

probably i am not again in the right way on how understand the rules and support/resistance and other (and honestly now i am very very very confused with all these material that i have read)

in the infinity search of a good system for trading i find the 3 LEVEL ZZ SEMAFOR made by TRO.

i have try to read some topic, see some video, BUT the problem is always the same: don't understand the correct ENTRY on the market for the REVERSAL trade...

i have download some indicator (really difficult to find because are split in various topic), download the template (with some different from what i see in the video and in the grabbed image on forum) and try to see how the price proceed and search the good entry for reversal...

complicated... it's complicated (for me... for other probably is how to drink a coffe)

i try to follow the rules:

- see the signal yellow 3 on chart
- go up with time frame to find the NO SIGNAL on bar
- go down to the previous bar and having the brown signal 1
- now i stay on this timeframe...

and after? what i do? i need to open directly a trade? need to check again the next timeframe? i need to search for pattern of reversal? how i can recognize if the trade is good or not? retrace is possible and make again a new yellow 3 signal...

someone can explain me clear how proceed?

thanks to all and best regard.

Andrea

Re: 3 Level ZZ Semafor: Please, someone can explane well how it work?

Posted: Thu Jun 15, 2017 8:28 pm
by TheRumpledOne
TRO001.png
TRO001.png (31.37 KiB) Viewed 11904 times


Mynotes indicator for 3LZZ attached.

Re: 3 Level ZZ Semafor: Please, someone can explane well how it work?

Posted: Thu Jun 15, 2017 8:46 pm
by TheRumpledOne
TRO001.png
TRO001.png (54.49 KiB) Viewed 11900 times

Re: 3 Level ZZ Semafor: Please, someone can explane well how it work?

Posted: Thu Jun 15, 2017 8:46 pm
by thor0073
hi TRO,

thanks for reply.

excuse me, in the example posted of EURJPY (it's the same pair that i follow today) what you intend for NO REVERSE on semafor break? the VIOLET signal 2?
or the High YELLOW 3?

when i find the timeframe WITHOUT semafor, i need to wait the END of the CANDLE with NO SEMAFOR to enter reversal? or need to wait again for particular signal?
or i entry when the PREVIOUS CANDLE (with BROWN signal 1) is END?

it's automated, end of candle and entry reversal... directly?

best regard

TRO001.png
TRO001.png (44.68 KiB) Viewed 11897 times

Re: 3 Level ZZ Semafor: Please, someone can explane well how it work?

Posted: Thu Jun 15, 2017 8:47 pm
by TheRumpledOne

Re: 3 Level ZZ Semafor: Please, someone can explane well how it work?

Posted: Thu Jun 15, 2017 10:23 pm
by thor0073
i try again to see the video posted...

what i do if the last candle have only VIOLET signal 2 (and the next nothing semafor)?

go reversal?

what i am try is to reverse at the YELLOW signal 3 following the rules... it's possible?

Re: 3 Level ZZ Semafor: Please, someone can explane well how it work?

Posted: Fri Jun 16, 2017 6:11 pm
by thor0073
hi TRO,

sorry for asking again, but i am try also with the TRAINING WHEELS active on chart for the REVERSAL.

i check also the timeframe to find candle with NO semafor... i go back to previous candle with signal (1) and wait for entry on reversal with help of indicator.

when it tell me (1) or (2) or (3) next candle BUY or SELL it's WRONG WAY... yesterday, for example, EURJPY continue to raise up and when indicator the me SELL price go up... what i am wrong???

Re: 3 Level ZZ Semafor: Please, someone can explane well how it work?

Posted: Sun Jun 18, 2017 12:36 am
by TheRumpledOne
thor0073 wrote:hi TRO,

sorry for asking again, but i am try also with the TRAINING WHEELS active on chart for the REVERSAL.

i check also the timeframe to find candle with NO semafor... i go back to previous candle with signal (1) and wait for entry on reversal with help of indicator.

when it tell me (1) or (2) or (3) next candle BUY or SELL it's WRONG WAY... yesterday, for example, EURJPY continue to raise up and when indicator the me SELL price go up... what i am wrong???


If you SEE price going up, then price is going up. Doesn't matter what the indicator says.

Once a semafor appears, that means breakout. You let that candle close. Price will either continue in the same direction or reverse. TRUST WHAT YOU SEE.

Re: 3 Level ZZ Semafor: Please, someone can explane well how it work?

Posted: Sun Jul 30, 2017 3:50 pm
by Drewas
I am a big fan of the semafor indicator. Id paired with MACD a high proportion of the time if you get a yellow 3 and a change of direction on the MACD price oftem moved through the MACD 0 level to a new peak of 3 or more bars:-

eurgbpkreslik.png
eurgbpkreslik.png (20.46 KiB) Viewed 11423 times


I believe you have a dashboard for the levels on all pairs? How can I obtain that indicator?

Re: 3 Level ZZ Semafor: Please, someone can explane well how it work?

Posted: Tue Aug 08, 2017 3:00 pm
by TheRumpledOne
Drewas wrote:I am a big fan of the semafor indicator. Id paired with MACD a high proportion of the time if you get a yellow 3 and a change of direction on the MACD price oftem moved through the MACD 0 level to a new peak of 3 or more bars:-

eurgbpkreslik.png

I believe you have a dashboard for the levels on all pairs? How can I obtain that indicator?


The dashboard is DONATIONAL.