1 minute semafor | Foreign exchange EA download - MT4/MT5 resources
My other system (Pastoral Trading) didn't fail, but I wasn't able to capture many good entries. So while I was spending all my time in front of the screen, I started using only semafors to observe patterns and came up with some rules for 1 minute trend trading.
I'm using a 1 minute chart with only #4X 3 Semafor Alert (taken from my other thread).
Whenever you sit in front of the screen, start looking for a beacon with a starburst. Starbursts are red in uptrends and white in downtrends. A starburst will mark the end of the current trend. Don't do anything when you see this starburst. Wait for the market to reverse and return to starburst status.
Wait for the first red signal in an uptrend - this is a sell signal. Wait for the candle to close and sell with your stop above the starburst.
In a downtrend, look for green signals to buy after a starburst.
Hold on until the star appears in the opposite direction to your trade.
Repeat as often as you like.
I'm using a 1 minute chart with only #4X 3 Semafor Alert (taken from my other thread).
Whenever you sit in front of the screen, start looking for a beacon with a starburst. Starbursts are red in uptrends and white in downtrends. A starburst will mark the end of the current trend. Don't do anything when you see this starburst. Wait for the market to reverse and return to starburst status.
Wait for the first red signal in an uptrend - this is a sell signal. Wait for the candle to close and sell with your stop above the starburst.
In a downtrend, look for green signals to buy after a starburst.
Hold on until the star appears in the opposite direction to your trade.
Repeat as often as you like.
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