Easy Trading Use The DeMarker

DeMarker indicator is one of the default MT4 oscillator lines of highly effective to help traders when determining open positions based on overbought and oversold areas. As a function of the indicator DeMarker oscillator lines in General, have an important level i.e. 0.3 and 0.7 level level. The level of 0.3 is oversold level while the 0.7 level are overbought level. Indicator DeMarker defaut parameters the default MT4 is the appropriate period of 14. We can make it in accordance with the wishes of each, but I think the default parameter is the best and easiest way. Following the appearance of the DeMarker indicator by default on MT4:

In its use, the indicator DeMarker is very simple. We just need to focus on the critical levels that have been mentioned, namely the level of 0.7 and 0.3 level. When the price has reached the level of 0.3 so the market at that time was already oversold situation. Therefore, we are preparing for the open position buy. But we have to wait for the movement of the candlestick on the chart. We wait until the candle formed bullish when prices are already on the level of 0.3 (oversold). Because, sometimes, the movement of the candlestick chart is not in sync with the movement of the curves on the indicator DeMarker. It takes patience to wait for the right moment.

Similarly when prices have already reached the 0.7 level, generally if the price has reached the level of prices have reached overbought, so we are ready to open a sell position. But we have to see movement on the candlestick chart. If there is a candle is bearish as prices have reached overbought signal then it's valid for sell. So, there should be an alignment of price movements at critical levels in the indicator DeMarker with the movement of the candlestick on the chart.

The time frame to be used when using the DeMarker indicator better use time frame 1 H more. Because by using the TF 1 H more then valid signals will be obtained. Whereas if you use a time frame of less than 1 H will appear many false signals. While the currency appropriate for tradable currency pair is EURUSD, GBPUSD, and USDJPY,. Because they have the potential of high volatility and are likely to be back at the original level if already reached level. It is suitable for overbought and oversold principle. 

Keep in mind that in use indicator DeMarker, go to the market at the time of the session of the European and New York open. Do not get in on a session of Australia or Asia. Because Europe and America the real trend is being formed.

How do I use the DeMarker indicator trading?

Buy or Sell with DeMarker

Open to Buy

• If the price is set at the level of 0.3 (oversold area)
• The price moves up to cross the line 0.3 level heading into the top of the
• At the same time, moderate bullish candlestick.

Open to Sell

• If the price is set at the level of 0.7 (overbought area)
• The price moves down to cross the line towards the 0.7 level down
• At the same time, the candlestick is bearish.

So, an easy way to use the indicator DeMarker. Please try it first in trading demo account. Make sure you already understand and master how to use this indicator DeMarker in the trading demo. If already proficient then can be used in real trading. Good luck good luck.