The most common applications of semafor trading is to identify the trend direction and to determine support and resistance levels. 3 level semafor indicator will provide us probability to recognize a market trend trading in the market. Bearish divergences continually produce various greatest short signals, however chartists have to be watchful in great trends if bearish divergences are truly regular. how to use semafor indicator is a momentum oscillator that calculates the quickness and reverse of price fluctuations.
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3_Level_ZZ_Semafor.mq4
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