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AVT DeMarker EA

The Expert Advisor is based on the indicator - DeMarker. The Demark indicator was developed by Thomas R. Demark. Demark tried to create an overbought / oversold indicator, which would not have most of the shortcomings of the traditional indicators, the purpose of which was to identify the potential minimums and maximums of the market, based on the demand for the asset and an indication of the extent of riskiness of buying and selling the asset in the current situation.

The EA implements two strategies for working on this indicator:

  1. Opening of trades directly upon reaching overbought/oversold levels
  2. Opening of trades when the reversal pattern is formed in the indicator chart in the areas of overbought/oversold levels

The number of simultaneously open buy and sell orders is set separately. Thanks to this you can use the advisor only in the direction of the trend.

Also implemented are the functions of money management, trailing stop, hidden trailing stop, notifications. The Expert Advisor automatically detects 4 and 5 digit quotes.


Parameter Description

Money management

  • UseMoneyManagement - FixedLot - use fixed lot, AccountBalancePercent - lot as a % of the account balance, AccountEquityPercent - lot as a % of the account equity, AccountFreeMarginPercent - lot as a % of the free margin of the account
  • Lot - lot size when FixedLot is selected
  • Percent - percentage for the calculation of the lot
  • MaxBuyOrders - maximum number of simultaneous open buy orders
  • MaxSellOrders - maximum number of simultaneous open sell orders

Takeprofit settings

  • TakeProfit - value of Take Profit in points
  • StopLoss - value of Stop Loss in points

Trailing settings

  • Trailing_Start - start trailing
  • Trailing_Distance - distance between the SL and the current price
  • Trailing_Step - trailing step
  • Trailing_Hidden - use hidden SL

DeMarker settings

  • Strategy - selection of strategies for working with the DeMarker indicator
  • DeMarker_Period - period of the DeMarker indicator
  • DeMarker_Overbought - overbought level of the DeMarker indicator
  • DeMarker_Oversold - oversold level of the DeMarker indicator

Notification_settings

  • SendAlert - enable alert
  • SendEMail - enable e-mail notification
  • SendPushNotification - enable push-notification

Other settings

  • MagicNumber - Magic Number of orders
  • Slippage - Slippage value
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SUPER SALE! --> -$200 OFF + BONUS EA: NEWS Scope EA PRO with AMAZING results! NOTE: Regular Price: $487 - The offer ends soon!  Click here to check News Scope EA PRO results and learn more about the promotion! Forex GOLD Investor is one of the best expert advisors developed to trade on GOLD(XAUUSD) in the forex market. Forex GOLD Investor consists of 2 trading systems . The first one is based on scalping trading strategy and the second system has time based dependency which opens up to 2 trades
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Last copy at 399$ -> next price 499$ Dark Algo  is a fully automatic Expert Advisor for Scalping Trading on Eurusd . This Expert Advisor is based on the latest generation of algorithm and is highly customizable to suit your trading needs.  If you   Buy this Expert   Advisor you can   write a feedback   at market and   get   a second EA for   Free , for More info contact me The basic strategy of this EA is built on a sophisticated algorithm  that allows it to identify and follow market trends .
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Version 1.3 2021.06.30
- code optimization
Version 1.2 2016.02.22
Added a new option TrendFilter. When the TrendFilter=ON, orders will be opened in the direction of the current trend.