The stock indicator 3 Level ZZ Semafor alerts mtf + 2 is based on ZigZag indicator and mark the maximum points Semaphores and the minimum of three separate periods: period fast short term, medium term and long term slow period.
Multi Time Frames MTF: option to select a time frame (time unit) different from the current time frame for calculating the indicator.
Simultaneous technical analysis of multiple time frame charts or allows the investor to identify the trend overall the market in the short term and long term to anticipate the entry points and exit the trade with a global vision of the market.
If the signals correspond to the different time frames, the probability of success increases with the signal strength: the trading signal is more reliable and stronger.
Time Frame
M1 - 1 Minute (60 seconds)
M5 - 5 Minutes
M15 - 15 Minutes
M30 - 30 Minutes
H1 - 1 Hour
H4 - 4 hours
D1 - Daily
W1 - Weekly
MN1 - Monthly
...
Trading Alerts (messages, pop up , notification, sound, email) automatically provided in case of trading signal.
included
3_Level_ZZ_Semafor_mtf + alerts 2.mq4
Broker - Broker Stock Exchange : Trading Platform Online Metatrader MT4
Interpretation Rules - Signals From Trading
- Buy: Signal bull market trend
. The 3 Level ZZ Semafor indicator marks a lowest (trough): Semafor formation of a point below the price of chandelier - The prices mark a bottom early uptrend
- Short selling : Signal trend bear market
. Indicator 3 Level ZZ Semafor brand a higher (peak): Semafor formation of a point above the price of chandelier - The prices mark a higher, early bearish trend
Read more about the rules and signals trading:
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Time and Time unit UT - Time Frame: 30 minutes M30
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