DeMarker with 2 Moving Averages MT5 rq
- Indicators
- Version: 5.19
- Activations: 10
Crypto_Forex Indicator "DeMarker and 2 Moving Averages" for MT5, No Repaint.
- 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 timeframe.
- You can see Buy and Sell entry conditions on the pictures. With PC and Mobile alerts.
- Buy signal conditions:
(1) - when fast MA crosses slow MA upward in OverSold zone: open Buy trade.
(2) - when DeMarker value is in OverBought zone crosses fast MA downward: exit from Buy trade.
- Sell signal conditions:
(1) - when fast MA crosses slow MA downward in OverBought zone: open Sell trade.
(2) - when DeMarker value is in OverSold zone crosses fast MA upward: exit from Sell trade.
This is original product which is offered only on this MQL5 website.
