One more indicator Demarka, is under construction on the basis of comparisons of a maximum of a current bar is compared to a maximum previous.
MT4 Indicators – Download Instructions
MTF DeMarker is a Metatrader 4 (MT4) indicator and the essence of the forex indicator is to transform the accumulated history data.
MTF DeMarker provides for an opportunity to detect various peculiarities and patterns in price dynamics which are invisible to the naked eye.
Based on this information, traders can assume further price movement and adjust their strategy accordingly.
How to install MTF DeMarker.mq4?
- Download MTF DeMarker.mq4
- Copy MTF DeMarker.mq4 to your Metatrader Directory / experts / indicators /
- Start or restart your Metatrader Client
- Select Chart and Timeframe where you want to test your indicator
- Search “Custom Indicators” in your Navigator mostly left in your Metatrader Client
- Right click on MTF DeMarker.mq4
- Attach to a chart
- Modify settings or press ok
- Indicator MTF DeMarker.mq4 is available on your Chart
How to remove MTF DeMarker.mq4 from your Metatrader 4 Chart?
- Select the Chart where is the Indicator running in your Metatrader Client
- Right click into the Chart
- “Indicators list”
- Select the Indicator and delete
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MT4 Indicators Download here: MTF DeMarker