DeMarker indicator is used in technical analysis to compare the most recent price action to the previous period’s price in an attempt to measure the demand of the underlying asset. This indicator is generally used to identify price exhaustion and can also be used to identify market tops and bottoms. This oscillator is bounded between 0 and 1 and, unlike many other oscillators, it does not use smoothed data.
Technical traders primarily use this indicator as a method of identifying the riskiness of the levels in which they wish to place a transaction. Generally, values above 0.6 are indicative of lower volatility and risk, while a reading below 0.4 is a sign that risk is increasing.
This version uses the “help” of smoothed Stochastic to emphasize the states of DeMarker and to help in easier trend assessment.
Cronex DeMarker - indicator MetaTrader 5 The author of the idea:Â Sergey Kazachenko MQL5 code author: barabashkakvn iDeMarker (DeMarker, DeM) indicator averaging using MovingAverages.mqh https://www.mql5.com/ru/code/21948 Cronex DeMarker…
DeMarker (DeM) - indicator MetaTrader 5 Demarker technical indicator (DeM) is based on the comparison of the period maximum with the previous period maximum. If the…
DeMarker Pending 2_5 - EA MetaTrader 5 Finalization of the version DeMarker Pending 2 Now, when opening a 'SELL' position, we immediately close all 'BUY' positions and vice…
DeMarker Pending 2 - EA MetaTrader 5 Description of the adviser Development of the first version DeMarker Pending. Version two added the parameters 'Maximum number of positions' and…
DeMarker Pending - EA MetaTrader 5 Description of the adviser Working on the 'DeMarker' indicator using pending orders ('Limit' of 'Stop'). The signal is checked only when…
