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I recommend using a 30min chart with this version
Keep it simple with 3 Semafor Alert...
You only want to trade from the direction of the last stage 3 marker (that's a yellow dot with a star around it).
Make this marker your base from which to trade from.
So, if the last stage 3 marker was a LOW you only want to be going LONG with an exit target on the next high yellow dot (stage 2 marker)
***Do not go short with the newly formed stage 2 high as you would be going against the trend.
Instead, wait for the next low yellow dot (stage 2 marker) to form then go LONG again with an exit target on the next high yellow dot (stage2 or 3 marker)
***You can also go long on low green dots (stage 1 marker)
If the last stage 3 marker was HIGH, you only want to be going SHORT with an exit target on the next low yellow dot (stage 2 marker)
***Do not go long with the newly formed stage 2 low as you would be going against the trend.
Instead, wait for the next high yellow dot (stage 2 marker) to form then go SHORT again with an exit target on the next low yellow dot (stage2 or 3 marker)
***You can also go short on high orangered dots (stage 1 marker)
***Keep your stop behind the last yellow dot.
Sometimes whilst waiting for the yellow stage 2 marker to draw a stage 3 marker will be drawn instead,
either way this is your EXIT on the first signs of a pullback.
Inc. template, indicators, sounds and font.
All the best
Xard777
re Final Draft rev3.4
For those of you that d/l Final Draft rev3.4
OOPs! missed a file...copy Adaptive RSI.mq4 to experts/indicators folder
then go into experts/logs folder and clear the log files as they will be massive
Xard777
Update
Final Draft rev3.8
Xard777
Final version
Here is the update for Final Draft rev4.1
Now includes speech alert
This is the final version, no more updates will be made.
enjoy...
Brilliant Xard, brilliant !
Take the down from 7/8 to 2/8, the start as with the sniper sniffer.
Hi Big Joe,
I take it we had fun trading today as well...
Xard777