Originally Posted by xard777
Hi Exciter135,
.........
I myself find that the zigzag is the most useful tool in identify the main trend and current market direction.
I also like the Fibonacci sequence and have been applying it to zigzag and 3 semafor indicators with much success.
fibo seq...1,1,2,3,5,8,13,21,34,55,89,144,233,377,610...
from above seq I am using on 3 semafor (13,34,89)
and on zigzag I am using...
zigzag 5 (610,5,3) White width 22
zigzag 4 (233,5,3) Crimson width 16
zigzag 3 (89,5,3) Lime width 10
zigzag 2 (34,5,3) Blue width 4
zigzag 1 (13,5,3) White dot
.......
All the best
Xard777
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