Indicator Semafor can be utilized to instantly identify whether a rate is moving in an up trend or a beartrend depending on the direction of the Indicator Semafor. Having the earlier value plus the recent value is a smoothing technique same to that used in exponential moving average calculation. Moreover however the concept of helpful and negative reversals can sound to weaken Wilder's decryption, the sense enables perception and Wilder would barely dismiss the price of putting most concentration on price action. As noted before, 3 ZZ Semafor lag latest price movement because this Forex trading indicator is based on last prices the greater the period of time for the 3 ZZ Semafor, the greater the lag.
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3_Level_ZZ_Semafor.mq4
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