Forex & Stock SEMAFOR MACD Indicator – How To Trade and Place Stop Losses Like a PRO Trader

High Accuracy Forex SEMAFOR MACD System – The Great System To Trade and Place Stop Losses Orders Effectively.  I am a big fan of the SEMFOR, great and powerful “re-painting” indicator.

So let’s start by addressing “re-painting indicators“. First – Forex prices are not static. Second, trading is not an exact science.

There are a lot of gray area’s in trading and if you cannot accept this then you are in for some painful days.

If I call you at 9 am and tell you the high printed at 1.6395 – is there any guarantee that at 9:05 there won’t be a new high?

So what is re-painting other than the indicator doing what it is supposed to do and alert you that a new high has printed.

If the semafor has painted a new high, we will be looking for an edge.

If you enter a trade solely based upon a semafor painting – you are essentially entering trades every time a new high or low is made. If you can find an edge in doing this, more power to you and there is no need to continue reading as you are a market wizard.

So if anywhere someone complains about repainting, be prepared to be told that trading is not for you!

 

Once a high semafor is painted, wait for a buy signal (red) but do nothing – instead wait for the next sell signal from filter indicators and enter short.

Use the trading system for M30 time frame or higher.

• MACD Histogram
• RSI Trading Indicator
• 11 EMA
• Kijun Tenkan +
• Mint Signal
• PivotD

 

• Lime SEMAFOR circle below the price
• MACD Histogram blue color and above 0 level
• RSI (8) upward above 50 level
• Price close above upward 11 EMA line
• Kijun Tenkan + upward above 11 EMA line
• Mint Signal green color

 

• Lime SEMAFOR circle above the price
• MACD Histogram red color and below 0 level
• RSI (8) downward below 50 level
• Price close below downward 11 EMA line
• Kijun Tenkan + downward below 11 EMA line
• Mint Signal red color

 

Take the initial stop loss 5 pips above or below SEMAFOR circle with SL:TP ratio 1:2 or 1:3 or use “ATR trailing stop loss”

First of all, the beauty of the stop-loss order is that it costs nothing to implement. Your regular commission is charged only once the stop-loss price has been reached.

Most importantly, a stop loss allows decision making to be free from any emotional influences.

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