New DeMarker Alert Indicator.
We have added alerts, MTF, smoothing, trend filters, and the ability to connect to our other indicators.
This indicator invented by Tom DeMark to help identify emerging buying and selling opportunities.
Use this indicator at low volatility or increase the DeMarkerPeriod and smooth indicator parameter in volatile markets.
Supported Features :
Projectreaper Connect – USER GUIDE
Projectreaer Trend OS Filters – USER GUIDE
Settings :
TimeFrame – timeframe of indicator (current by default)
DeMarkerPeriod – amount of bars to calculate DeMarker
SignalPeriod – amount of bars to calculate signal line
Price – price type
OverBoughtLevel – higher signal level
OverSoldLevel – lower signal level
Signal_Method – three types of signals:
DeMarkerSignalCrossover – DeMarker crossover Down signal line above overbought level and DeMarker crossover Up signal line below oversold level
BreakOutLevels_Signals – DeMarker crossover Down overbought level and DeMarker crossover Up oversold level
BreakInLevels_Signals – DeMarker crossover Up overbought level and DeMarker crossover Down oversold level
IndicatorSmooth – amount of smooth (1-off)
IndicatorSmoothMethod – smooth formula
Step – minimal threshold of change lines
DrawBars – amount of bars to draw indicator data
Alerts
PopupAlert – enable terminal alert windows
SoundAlert – enable sound alerts
ArrowsOnChart – enable draw arrows on price chart
IndicatorArrows – enable draw arrows on indicator sub window
SMSPushAlert – Push alerts to your phone
EmailAlert – Email alerts to your phone
ShowPipTags – display the potential price movement in pips from the last signal
ShowTPSL – enable/disable the display of SL and TP levels.
SLBars – the number of bars to calculate the levels
SignalBarRangeSL – additional check of the size of signal candlesticks
MaxSLPips – limit the maximum stop loss value (0 – off)
MinSLPips – minimum stop loss value (0 – off)
MaxTPPips – limit of the maximum take profit value (0 – off)
MinTPPips – minimum take profit value (0 – off)
TP1_Ratio – ratio of take profit to stop loss of the first TP level
TP2_Ratio – ratio of take profit to stop loss of the second TP level
TP3_Ratio – ratio of take profit to stop loss of the third TP level
Style
Buy_ArrowColor – color of buy arrows
Sell_ArrowColor – color of sell arrows
Arrows_Width – width of signal arrows
DeMarker_Line – color of DeMarker line
SIGNAL_Line – color of signal line
Trend Filtered
How to install :
1. Download file
2. Unzip archive and copy the MQL4 folder from the archive to your terminal Data folder
3. Restart terminal and apply the indicator to a chart
4. Register a valid email with single time donation or log in with previously registered email address.
5. You can switch your broker account any time you need by logging in with previously registered email address
How to find Data folder :
in the terminal click File menu – Open Data Folder
Good trading!
If you need help
Write down comment or use the feedback button
