The technical indicator MT4 Level 3 Semafor V2 is based on an indicator 3 Level ZZ Semafor
The stock indicator 3 Level ZZ Semafor is based on ZigZag indicator and mark the Semaphores points on the maximum and minimum of three distinct periods: short-term quick period, medium-term period and long slow period.
included
3_Level_Semafor_V2.mq4
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Interpretation Rules - Signals From Trading
* Buy signal: Feeling uptrend
. 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 sale signal: Feeling trend downward
. 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
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Time and Time unit UT - Time Frame: 4 H4 hours
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