Here you can post and download custom indicators. PLEASE: Do not start topics unless you are posting your own indicator, they will be moved to appropriate section even if you do.
Hi, i've discovered Marketscope last week and it's so great.
I like very much this nice indicator and i use it a lot on other platform. I would like to ask if is possible to add the support to show Sup and Res Lines like in the image attached. This modify will help a lot with Breakout Strategy.
Nikolay.Gekht wrote:Could you please formalize the rules for S/R lines?
Hi, S/R lines are lines that are simply drawn from past semaphore point You can have an option in order to choose how many lines to show, from 1 to 5 i think will be sufficient. In the attached image you can see the indicator that show 3 lines. Would be nice, if is possible, to have a label with the price level of each lines
Are you or someone else working on a strategy for this indicator?
As we all know it repaints making it difficult to ascertain the best position to "mark" a buy or sell.
Just a suggestion if the Zig and Zag indicator gets the error fixed the code in that indicator works well at identifying entry exit points and might work in a strategy using semafor.
Please look into this and let us know if a strategy is possible.
Could you please set the indicator up so we can adjust the color of the semafor signal according to it's appearance above or below the magic trend indicator. In other words a 1, 2 or 3 level semafor signal could have 1 color below magic trend and another color when it occurs above the magic trend.
This is excellent work however this constantly repaints. Is there anyway you can create a system of trading off off the 2's and 3's only but uses the RSI or Stochastics +/- 50% in order to prevent picking tops and bottoms only having it to repaint?
Is there anyway that you can use this indicator and add the Elliot Wave counts? The Marketscope Wave counter line is not really great unless I am using it incorrectly.
I saw a pic from a trader using FXCM MT4 with a visual diagram of the wave counts.