anyone have any experience continues with the semafor indicator?
- #9,003
- Dec 23, 2014 4:15pm Dec 23, 2014 4:15pm
- Joined Jul 2013 | Status: Trader | 2,603 Posts
Per aspera ad astra 
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DislikedSince I'm an idiot who just noticed the post number : {image} HAPPY BIRTHDAY THREAD Merry Christmas and best wishes for 2015 to all!!Ignored
Disliked{quote} I saw the same thing and entered @ 8:36 CET, bagged a nice 48 pips today....which on my micro-lot account equals a free sandwich at lunchAlways nice to see someone else saw the same setup, gives me some assurance I am on the right track.
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DislikedDS trade on GBPUSD D1 confirmed, we should get a DS trade on H4 or H1 next week and ride this beautiful.Ignored
Disliked{quote} I believe you're doing it right mostly, except for doubts about step 4, just to make sure : 1. 14 period EMA on closing price 2. looks right 3. POS = (gains in the EMA on the UPdays during past 14 periods)/14, likewise for downdays NEG 4. RS=POS/NEG, setting RS to zero if NEG approaches zero seems strange mathemathically, can you explain? RS should approach infinity if NEG nears zero 5. RSI calculation seems by the book. If RS is zero, RSIOMA should be zero as well (neg value much higher than pos value makes RS zero, thus downtrend, thus...Ignored
Disliked{quote} Thank you for your reply. RSIOMA= 100-100/(1+RS); RS is POS/NEG ... if NEG=0 so we are in UPTREND... and so RSIOMA should be = 100. The only way for RSIOMA to be 100 is to set RS =0 so that the above formula is = 100-100/1 = 100. I think that maybe the way MT4 calculate EMA is different from the way I calculate EMA. I'll write more next day. Happy Christmas!Ignored
Disliked{quote} 100-100/1 is zero, not 100 RS=POS/NEG RS=0 when NEG is far larger than POS ----> 100 -100/(1+0)=0 RS = infinity when POS is far larger than NEG----> 100-100/infinity=100Ignored
Disliked{quote} What was in my mind? You are right, RS=0 then RSIOMA=100. In my code on excel I wrote it right anyway!Ignored