Metatrader 5 Indicators | DeMarker_HTF | Trading Tool Update

New free code from MQL5: indicators, EAs, and scripts for traders.

Real author:

ycomp

DeMark's Oscillator with an option of setting a fixed timeframe for the calculation of the indicator in the input parameters.

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//+-------------------------------------+
//| Indicator input parameters          |
//+-------------------------------------+ 
input ENUM_TIMEFRAMES TimeFrame=PERIOD_H4; // Chart period
input uint DeMarker_Period=14;             // Averaging period
input int Shift=0;                         // Horizontal shift of the indicator in bars

This indicator was first implemented in MQL4 and published in Code Base at mql4.com on 04.04.2008.

Figure 1. The DeMarker_HTF indicator

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