Semafor MT4 Indicator
MetaTrader Indicators Clubs: 3 Level ZZ Semafor MT4 Indicator
What does it do? does it act as resistence levels? thanks in advance
Sorry it’s not the answer you’re looking for, but it’ll be the right answer.
The indicator will with almost 100% certainty help you to lose money, stick to PA and chart reading.
You’re right, repaint like crazy
A Semaphor indicator is basically a Zig Zag indicator without the lines. It’s a bit more sensitive, and may show a few more minor high and lows than a Zig Zig does, but put a Zig Zag and a Semaphor indi on a chart together, and you’ll see exactly what I mean.
And yes, repainting is a specialty of it.