Mouteki-Demark trend new – indicator for MetaTrader 4

  • Platform: Metatrader4
  • Currency pairs: Any pairs, indices and metals
  • Trading Time: Around the clock
  • Recommended broker: icmarkets, XM
  • Another Demark indicator.

    Input Parameters:

    extern int  showBars=200;      // if showBars= 0 so the indicator will be shown for all the chart
    extern int  LevDP=2;           // Demar Pint Levels; 2 = central bar will be higher (lower) then 2 bars on the left side 
                                      and 2 bars on the right one.
    extern int  qSteps=1;          // number of steps/ no more than 3
    extern int  BackStep=0;        // number of staps back
    extern int  startBar=0;        // ifstartBar=0 so we have recommendation for the current bar, if 1 - for possible next bar
    extern bool TrendLine=true;    // false = no trend lines
    extern bool HorizontLine=true; // true = break levels
    extern bool ChannelLine=false; // true = channels which is parallel with trend lines 
    extern bool TakeLines=true;    // true = take profit lines
    extern bool Comments=true;     // true = comments
    extern int  Trend=0;           // 1 = for UpTrendLines only, -1 = for DownTrendLines only, 0 = for all TrendLines

    Mouteki-Demark trend new

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  • How to install MT4 indicator?
  • 1. On the desktop, double-click to open the MT4 trading platform software you installed.
  • 2. Click on “File” – “Open Data Folder” in the upper left corner, double-click the MQL4 folder, and double-click the Indicators folder
  • 3. Copy the metrics you need to install to the Indicators folder
  • 4. Open MT4, find “Navigator” in the display menu, then click “Technical Indicators” of “Navigator” and right click to refresh, you will see the indicator just copied.
  • 5. In the “Technical Indicators” of “Navigator”, find the indicator file just installed, double click or click manually to the chart window
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