One can't just simply trade some dots. Signals need to be confirmed first i.e. as you mention correctly, conditions must be met. It actually contributes to a trader's confidence, knowing that a signal on the chart has been confirmed by price action. As we don't trade bits and pieces of PA, we just need to see the overall development.BeatlemaniaSA wrote: Fri Feb 04, 2022 8:25 am Hi Tebis,
The white dot simply indicates that a reversal is possible. You can change if you want to see it or not by setting the colour (white) to none in the options section of the indicator. Of course what this means is that you won't get a heads up that a reversal may be possible. So once the semaphores conditions have been met then it will be printed on the screen.
It seems that issue of the semaphore occurs more often on the lower timeframes than the higher ones.
This is unfortunately the small Achilles heel of trading as there is NO perfect indicator out there that will tell you exactly when the market will reverse. That is why it is used in conjunction with the RSI MA and the CCI. So the semaphores are used a as guide ( a good guide nevertheless) but never used as a signal to enter the trade.
Warmest regards,
BM
What I have seen so far, the Indi does pretty well. And as the name indicates, despite trying to figure out high probability trades, we do sometimes need some luck too.....
