DeMarker GF Forex Indicator is a really effective and powerful forex trading tool. It is so flexible that you can trade with any currency pairs on any time frame in any kind of market conditions. In another words, DeMarker GF system works in trending as well as ranging markets. DeMarker GF contains no any indicator on the main chart window but it contains indicator called ‘Cronex T DeMarker’ on the indicator window. Cronex T DeMarker is a specially designed technical indicator which is actually a mixture of various other kinds of indicators. Cronex T DeMarker mainly consists of three components; histogram, moving average and arrows. Histogram moves in positive and negative territory. Among the two oscillators one is like RSI and another one is like moving average. However, it is not necessary to focus on all these indicators, only focusing on those blue and red arrows are enough to make trading decisions using DeMarker GF forex trading system.
Although the system is flexible to trade on any time frame, you should be careful on some aspects in order to have profitable trade. You should be extra careful when you trade in smaller time frames like one minute and 5 minutes. You should avoid trading during the high event news to prevent the extreme volatility which can cause your stops to trigger if you are trading in smaller time frames.
When DeMarker GF is correctly installed on your trading platform your trading chart should look like this:
As you can see above the blue and red arrows shows you right time to buy and sell the currency pair. You should buy when a blur arrow appears on the Cronex T DeMarker GF indicator and sell when red arrow appears.
The best way to trade using this system is by figuring out the major trend direction and only taking trades in that direction. In another words, you should take only long positions in an uptrend and only short positions in downtrend.
Buying Conditions Using DeMarker GF.
Major trend should be up.
Blue arrow should appear on the indicator window.
Open a long position when above conditions is met.
Place your stop just below the recent swing low.
Take your profit when red arrow appears on the indicator window.
Selling Conditions Using DeMarker GF.
Major trend should be down.
Red arrow should appear on the indicator window.
Open a short position when above conditions is met.
Place your stop just above the recent swing high.
Take your profit when blue arrow appears on the indicator window.
Forex Indicators Download – Instructions
DeMarker GF Forex Indicator is a Metatrader 4 (MT4) indicator and the essence of the forex indicator is to transform the accumulated history data.
DeMarker GF Forex Indicator 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.
Do the same with template file (.tpl), if there is any, at File/Open Data Folder/templates.
How to install DeMarker GF Forex Indicator.mq4?
- Download DeMarker GF Forex Indicator.mq4
- Copy DeMarker GF Forex Indicator.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 DeMarker GF Forex Indicator.mq4
- Attach to a chart
- Modify settings or press ok
- Indicator DeMarker GF Forex Indicator.mq4 is available on your Chart
How to remove DeMarker GF Forex Indicator.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
Download Metatrader 4 Trading Platform:
- Free $30 To Start Trading Instantly
- No Deposit Required
- Automatically Credited To Your Account
- No Hidden Terms
Click The Link Below To Download: