DeMarker with 2 Moving Averages mw
- Indicateurs
- DMITRII GRIDASOV
- Version: 1.5
- Activations: 10
Forex Indicator "DeMarker and 2 Moving Averages" for MT4
- 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
- Consider Buy (Sell) signal conditions:
- (1) -fast MA crosses slow MA upward (downward) in overSold (overBought): open Buy (Sell) trade
- (2) - DeMarker value is in overBought zone crosses fast MA downward (in overSold zone crosses fast MA upward): exit from Buy (Sell) trade
// More great Expert Advisors and Indicators are available here: https://www.mql5.com/en/users/def1380/seller
It is original product which is offered only on this MQL5 website.