ImpLaNT wrote: Tue Jun 16, 2020 12:50 pm An interesting moment was formed yesterday at the M15 TF. A very vivid demonstration of how semaphore points can replace the wave counter digits for entering the position correctly. These are exactly the situations I had in mind when I wrote about the interchangeability of the signals of the semaphore and wave counter when opening a position in post №281.


Screenshot_119.png

Implant

Could you please guide me as to the below:

I am trying to come up with possible Entry Conditions. This is my list. Please critique as you see fit:
1. Template- For now, going to stick with Swing Daemon Christmas Classic

2. Time Frame- 5 Minutes

3. Financial Instruments- Stock Indices-Dow 30- US 500

4. Wait for Red Semafore in Yellow Circle to lead the Main Bias. Example: Buy

5. Wait for Blue Envelope

6. Wait for the 2nd or 4th Counts. The interchangeability built into the system lets us choose either the Wave Counter or Black Dots.
So going with the 2nd or 4th Count given by the earliest of Wave Counter or Black Dot

7. Check that the 2nd Count coincided with a Marking from the Trend Viper Histogram which signals the end of Pullback

8. Wait for Black ground Color to change to Blue.

9. Wait for Small Blue Arrow from PZ

10. Ensure the candles are also Blue.

11. Ensure the HAMA is blue


Question 1: Role of the 200 and 50 EMA

For a moment, i thought the blue back ground would always coincide with 200 and 50 EMA cross over. But that does not look to be the case. A Blue Background could contain a portion where the 200 EMA could be red for a bit. Is my understanding correct?

For a Buy, is it sufficient if the Blue Back ground is only present or does one need the 200 and 50 positive EMA cross over?

Question 2: Role of Super Trend

Are we supposed to incorporate it as part of Entry Criteria i.e. it must also align with the other conditions or has it been incorporated to serve a different purpose?
Like adding to existing positions?


I know as the creator of the system, you must have envisioned original entry criteria, feel free to guide us if what we are am coming up is not up to par.Would be more than happy to follow your lead.


Thank you once again for the tremendous gift Implant.