Download MetaTrader 5

Watch how to download trading robots for free

Interesting script?
So post a link to it -
let others appraise it

You liked the script? Try it in the MetaTrader 5 terminal

2016.04.26 16:18
Demark Lines

Demark Lines - indicator for MetaTrader 4

| English Español Português 日本語 Deutsch Русский 中文

Views:
4117
Rating:
votes: 6
Demark.mq4 (12.29 KB)view

My version of plotting the DeMark lines, also draws channels in addition to the trend lines and targets. Added one more target (the third one defined as 1.62 of the inner extremum), added the signal cancellation when closing within the channel.

The description of the parameters is in the code, if anyone is interested, they can figure it out.

Demark Lines

Translated from Russian by MetaQuotes Software Corp.
Original code: https://www.mql5.com/ru/code/7364

Accelerator Oscillator (AC) Accelerator Oscillator (AC)

The Acceleration/Deceleration Indicator (AC) measures acceleration and deceleration of the current driving force.

Average Directional Movement Index (ADX) Average Directional Movement Index (ADX)

The Average Directional Movement Index Indicator (ADX) helps to determine if there is a price trend.

Modify All TP SL Modify All TP SL

The script modifies all orders (market and pending) on the symbol with specified Take Profit and Stop Loss.

iFractals 4all TF iFractals 4all TF

Buy or sell just by looking at the "arrow" as a signal. Very easy and simple.