Forex Demark Lines Trading Indicator
This Old Kings indicator for MetaTrader 4 is called Forex Demark Lines Trading Indicator. It draws arrows on the chart. It has 10 settings, for example show Bars (default 200), Lev DP (default 3) and q Steps (default 1). Attach it to a chart to see what it draws, then compare it with price on a few timeframes. Inside: 1 indicator file with source code (.mq4) you can open and edit in MetaEditor. Old Kings are classic community tools shared as-is. Not tested by PolyMaria. Try it on a demo account first. Are you the author of this tool? Message us on Telegram (@abumarket_support) and we will credit you or take it down.
Indicator · MT4 · v1.0 · Free
About Forex Demark Lines Trading Indicator
Forex Demark Lines Trading Indicator is an indicator for MetaTrader 4. It draws buy and sell arrows on the chart. It has 10 settings, such as Show bars, Lev dp and Q steps. MQL source code included.
Files in the download: Demark.mq4, installation manual.txt.
Settings
| Setting | Default | What it does |
|---|---|---|
| Show bars | 200 | = 0, |
| Lev dp | 3 | ; 2 = () 2 2 |
| Q steps | 1 | , 3 |
| Back step | 0 | Distance between orders |
| Start bar | 0 | 0, , 1 - |
| Trend line | true | false = |
| Horizont line | false | true = |
| Channel line | true | true = |
| Take lines | true | true = |
| Trend | 0 | 1 = UpTrendLines, -1 = DownTrendLines, 0 = TrendLines |
How to install
- Download the ZIP from your PolyMaria library and unzip it.
- In MetaTrader 4 open File → Open Data Folder, then go to MQL4 → Indicators.
- Copy the .mq4 file(s) there. Put any .mqh files in MQL4 → Include.
- Open the .mq4 file in MetaEditor and press Compile (F7) if MetaTrader does not show it.
- Drag the indicator from the Navigator onto a chart and adjust the settings.
Tags: Buy/Sell Arrows · MT4 Indicator · MQL4 Source Code