The product is an interpretation of DeMark indicator (DeMarker, DeM) based on comparing the Highs of the current and previous bars.

The indicator displays overbought/oversold area entry/exit point prices, as well as DeM crossing the middle point between the overbought/oversold areas.

Settings

• DeMPer ( >0) - indicator period;
• Level oversold (0-1) - level value for an oversold area;
• Level overbuy (0-1) - level value for an overbought area;
• Exit_from_oversold_or_overbuy - enable a signal when exiting overbought/oversold area;
• Entrance_to_oversold_or_overbuy - enable a signal when entering overbought/oversold area;
• Intersection_of_the_middle - enable a signal when crossing the middle between overbought and oversold areas;
• IndBarsCount (>-1) - number of bars the indicator is displayed on;
• alerts - show a dialog box containing user data;
• Text_BUY - custom text for a buy signal;
• Text_SELL - custom text for a sell signal;
• Send_Mail - send an email using an address specified on the Email tab of the options window;
• Subject - email header;
• Send_Notification - sends push notifications to the mobile terminals, whose metaQuotes IDs are specified in the Notifications tab.