DeMarker with 2 Moving Averages mr
- Indicators
- DMITRII GRIDASOV
- Version: 1.5
- Activations: 10
Crypto_Forex Indicator "DeMarker and 2 Moving Averages" for MT4, No Repaint.
- DeMarker oscillator curve indicates the current price position relative to previous highs and lows during the indicator calculation period.
- "DeMarker and 2 Moving Averages" Indicator allows you to see Fast and Slow Moving Averages of DeMarker oscillator.
- It is great to take Sell entries from OverBought zone (above 0.7) and Buy entries from OverSold zone (below 0.3).
- Indicator is very easy to set up via parameters, it can be used on any time-frame.
- You can see Buy and Sell entry conditions on the pictures.
- Buy signal conditions:
- (1) - fast MA crosses slow MA upward in OverSold zone: open Buy trade.
- (2) - DeMarker value is in OverBought zone crosses fast MA downward: exit from Buy trade.
- (3) - Vice versa for Sell signals.
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