Well, I'm very pleased with Semafor, esp. since I started with this 1-minute thing in an effort to avoid meltdown problem on JPY pairs. Have gotten the indicator to behave pretty much as it does on a 15-minute chart on a 1-min. one by altering the first three parameters, only I only use two, with Period 2 set for zero, which is how asystem2000 (inventor of the indicator) says to get rid of some of the dots. (More can be found in the Forex TDF thread 3_Level_ZZ_Semafor, the earlier version of #4 X3 Semafor Alert.) Settings to get -approximately - 15-min. behavior on a 1-min. chart are: Period 1: 70.0; Period 3: 420.
Thanks for the intro to Semafor, enoch or ben as the case may be. B.
(They still complain in Forex TSD thread about repainting but all seem to forget that price changes its mind a lot too.)
Thanks for the intro to Semafor, enoch or ben as the case may be. B.
(They still complain in Forex TSD thread about repainting but all seem to forget that price changes its mind a lot too.)