Semaphor show points of suport and ressistance soo you can use MTF S/R indicator, Soo for 5M chart you can set it to 15Mmaroka wrote: Wed Mar 24, 2021 8:11 pm Xard, When I trade M5, I notice when the red or blue semafor appears in M15, price often bounces off it. So when i notice the M15 semafor, i get out of the trade.
I don't know if this theory is genuine though, just my observation..
Just a suggestion, I don't know if it's possible to make alert for next timeframe semafor?
Even when I take early entries on M1, when the opposite semafor appears, i notice it keeps moving until the M15 semafor appears and then there's price rejection.
Currently when I take entries on M5, if my target isn't yet reached and I see the M15 semafor, I just get out.. often times price continues, often price reverses..
Anyway attached a multimeframe semaphor you can set the time frame and period in the setup and Xard SR indicator that show you next 2 time frames S/R, (Xard discuss this with his indicator several pages ago)
