MTF_DeMarker - Indicator for MetaTrader 4

TypeIndicators PlatformMT4 Version10 Date created10 July 2015 Date updated 7 August 2017

Formatmq4 Size2.7Kb Downloads5 Rating

The indicator is one of several versions of the Demark indicator. The basic work of this tool is a constant comparison of the maximum value of the current bar with the maximum value of the previous one. With the help of the received information it is possible to trace the patterns of further price changes of this financial instrument.