I had another idea that might help...TraderX wrote: Sat Mar 11, 2023 4:34 am I don't use this system, so I can only speak about how I see price using my own price action ideas. Maybe it will help, or open some minds on how to pick better semafor levels. Or at least, this is how beginners should approach trading this system so they can ignore more 'false signals'.
• You look at your higher timeframe for directional bias / trade ideas. This is where the 'work' is done. You pick one, and imagine you are only trading that chart.
• The lower timeframe is where you execute that trade idea (waiting for the entry triggers discussed in this thread.)
For example, H4 in GBP/CHF this week was moving downwards. XARDs system also says down trend in H4. (In blue, I mark out possible retracement levels, called an "FVG".) Notice that the semafor stopped repainting around this level.
When price hits this level, look for your entry trigger in M5 or M15. You decide the timeframe based on your own back testing and studies.
Wait patiently. Ignore every other signal. Those are inducements to trick you in. No extra analysis, you already got the directional bias + level of interest from your higher timeframe.
If you think like this, you won't have to update the system ever again. You can even use the first system published many years ago.
You will skip years feeling depressed waiting for the next update or going through the thousands of posts on this forum looking at another indicator for "more confirmation." Within a month or two, you will be ahead of those who spent years trying to work this out.
Good luck.
In these years that I've been fighting here I must have seen hundreds of indicators, and one of them is called advanced supply demand
this indicator marks important zones in time larger charts showing in the smallest
I created a clean template in m5, with only this indicator configured to mark important zones in m30....
so when I find a pair in the important zone of m30 , I open the chart system and enter it with all the confirmations... maybe I will avoid the mistake of marking it wrong...
the problem with this is that I will see several pairs when many say that I should focus on just us30