The stock indicator 3 Level ZZ Semafor is based on ZigZag indicator and mark the Semaphores points on the maximum and minimum three distinct periods: short-term fast period to medium term and long term slow period.
A trading alert (sound, notification, message, email) is provided in case of signal to buy / sell
Multi Time Frames MTF: An option to select a different time frame of the current time frame for the calculation of the indicator .
Using multiple time frame to identify the general trend of short-term market and the long term and help to anticipate the entry points and exit the trade with a global vision of the market.
If the signals correspond to the different time frame, the trading signal is stronger and more reliable.
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
compatible version Metatrader MT4 Build B600 and (nmc: New metatrader compliant)
included
3_Level_ZZ_Semafor_mtf + alerts nmc.mq4
Broker Online - Broker Stock Exchange : Trading platform Metatrader MT4
Interpretation Rules - signals from Trading
* buy signal: Feeling bullish 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
* Selling signal: Feeling bearish trend
. 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 unit UT - Time Frame: 30 Minutes M30
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