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DeMarker EA MT5

3.33
The Expert Advisor "DeMarker EA MT5" is designed for trading all currency pairs. The optimal timeframe is H1. Market entry signals are formed only from overbought and oversold zones. These are the safest entry points. All settings, including levels, you can adjust yourself. Select SL/TP levels for each currency pair using optimization or leave them by default.
The DeMarker indicator belongs to the group of normalized oscillators: its values range from 0% to 100%, the value of 100% is denoted by 1. Unlike some other oscillators, DeMarker pays more attention not to closing prices, but to intermediate highs and lows. The algorithm for calculating the indicator compares the current highs and lows on the price chart with the extreme values of the previous period.

As befits an oscillator, DeMarker gives an idea of the current state of the market:

If the indicator line is growing and shows another maximum, this indicates an upward movement and overbought in the market.
If the indicator line decreases and forms local lows on the price chart, there is a downward movement, and the asset is in an oversold state.
The DeMarker indicator is built in a separate window under the price chart, consists of one main line that moves in the range from 0 to 1. The area above the value of 0.7 is called the overbought zone, a downward reversal may form here. The area below 0.3 is called the oversold zone, where purchases can be considered. The DeMarker indicator is included in most popular trading platforms.

Version for MT4:
https://www.mql5.com/en/market/product/85063
Reviews 3
Andrew Lee
1895
Andrew Lee 2022.09.26 10:45 
 

I have confidence in the EA. It does require some optimisation and risk management, but Alena is very responsive with updates and support so I’m grateful the EA is still being maintained and improved even after receiving negative feedback.

UlrichG
274
UlrichG 2022.09.23 16:17 
 

I am testing the 12 best pairs on a demo account and got a profit of nearly 10 percent since september 6th with the default settings and 5% risk. The trick seems to be: Use only the best pairs that show a good profit factor and recovery factor and not all pairs (like in Peters signal, thanks Peter for this signal !).

Yes, demo is not life you will say, this is true. What makes me confident:

* I am running it since a short time in parallel with a live account and the trades match exactly with the demo account.

* And they match very good with the backtest, in the "every tick based on real ticks" mode and even in the "1 minute OHLC" mode.

* the strategy seems to be very robust over several pairs or several years

* optimizing shows very good robustness agains changed settings and reacts as expected, smoothly and not chaotic

* the author responds friendly and cooperative

This is much much better than most EAs that I tested or even bought.

Preliminary I give just four stars and not five because I tested it just a short time on a life account. If it persists, I will update this review and give 5 stars.

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Batman Midnight Hunter is a fully automatic smart night scalping system that has proven itself on real accounts. It doesn’t adjust the system to use history data (as most creators do), the EA is developed to use the existing market inefficiency. So it’s not a simple hit-and-miss system, it is a fully adapted smart system for night scalping, using real market mechanics to its advantage in order to make a profit. The EA uses fixed Stop Loss and Take Profit. The EA is workds with any broker and sup
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Here is my new development "My Stochastic oscillator". This is not only an oscillator, but also an arrow indicator (on the H1 timeframe). Buy or sell signals appear only from overbought/oversold zones (80/20). This allows you to enter the market at the best point. The oscillator is designed for all currency pairs, gold and oil. I made an Expert Advisor based on the algorithm of this indicator. You can test it here: https://www.mql5.com/ru/market/product/83753 The Stochastic Oscillator is a
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Andrew Lee
1895
Andrew Lee 2022.09.26 10:45 
 

I have confidence in the EA. It does require some optimisation and risk management, but Alena is very responsive with updates and support so I’m grateful the EA is still being maintained and improved even after receiving negative feedback.

UlrichG
274
UlrichG 2022.09.23 16:17 
 

I am testing the 12 best pairs on a demo account and got a profit of nearly 10 percent since september 6th with the default settings and 5% risk. The trick seems to be: Use only the best pairs that show a good profit factor and recovery factor and not all pairs (like in Peters signal, thanks Peter for this signal !).

Yes, demo is not life you will say, this is true. What makes me confident:

* I am running it since a short time in parallel with a live account and the trades match exactly with the demo account.

* And they match very good with the backtest, in the "every tick based on real ticks" mode and even in the "1 minute OHLC" mode.

* the strategy seems to be very robust over several pairs or several years

* optimizing shows very good robustness agains changed settings and reacts as expected, smoothly and not chaotic

* the author responds friendly and cooperative

This is much much better than most EAs that I tested or even bought.

Preliminary I give just four stars and not five because I tested it just a short time on a life account. If it persists, I will update this review and give 5 stars.

Peter Levai
214
Peter Levai 2022.09.16 18:32 
 

Unfortunately, as wonderful as the past is, the future is as gloomy.

https://www.mql5.com/en/signals/1703531?source=Site+Profile

https://www.mql5.com/en/signals/1669832?source=Site+Profile

Reply to review
Version 1.8 2022.09.25
hot fix.....
Version 1.7 2022.09.23
added trailing stop
closing on opposite signal
Version 1.5 2022.09.05
fixed problems of working on few pairs
Version 1.4 2022.09.02
update money managerment
Version 1.3 2022.08.30
- total profit %
Version 1.2 2022.08.29
added:
- autolot (MM)
- trading hours (start-end)
- profit target
Version 1.1 2022.08.24
fixed a bug