Trading indicator Demark Trend Alert is representative of signal indicators. Work forex indicator Demark Trend Alert, as the name implies, is based on breaking through price of Demark line indicating the direction of the trend on the market. At a breaking through price ascending Demark line top down indicator displays the alert window about timeframe, on which it occurred and the value of the price at crossing.
Characteristics of Demark Trend Alert
- Platform: Metatrader4
- Currency pairs: Any (recommended major)
- Trading Time: Any
- Timeframe: M5 or higher
When the price crosses the downward line upwards indicator shows the up arrow (entry point to a long position):
When the price crosses the ascending line top down indicator shows the down arrow (the entry point into a short position):
Demark Trend Alert indicator can be added to the existing trading systems, or used in combination with other indicators, filters its signals.
demark_trend_alert .rar
