pipalong wrote: Fri May 08, 2020 5:47 am

The semaphores are a leading indicator, meant to catch tops and bottoms, if price makes a new high, the semaphore will move to the new high.
When you see a new semaphore forms it should tell you a reversal is coming, but it could push that dot 100s more pips before it does.
Repainting indicators are fine if you know how to use them. This system has confirmation built in, when you see one form you have to wait for confirmation of the trend change before taking action. If you are already in a trade you need to start planning your exit. At least thats how i trade them. Rarely do they ever just print and reverse, your talking holy grail stuff there.

I dont really care for the spike indicator. With the semaphore at least i can see price pushing it around, but with the spike indicator if you refresh your screen or change time frames and go back and it just disappears, that could set you up for failure. Im still watching it just to see if i have a use for it.