Forex Demark Pivots Trading System
This Old Kings indicator for MetaTrader 4 is called Forex Demark Pivots Trading System. Its name points to pivot points (daily or weekly support / resistance levels). It draws arrows on the chart and can send alerts. It has 18 settings, for example degree (default 3), kstd (default 2.0) and bars (default 250). Attach it to a chart to see what it draws, then compare it with price on a few timeframes. Inside: 3 indicator files 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 Pivots Trading System
Forex Demark Pivots Trading System is an indicator for MetaTrader 4. It draws buy and sell arrows on the chart and can alert you with a pop-up, sound, email or push message. It has 18 settings, such as Degree, Kstd and Bars. MQL source code included.
Files in the download: i-Regr.mq4, installation manual.txt, SDX-TzPivots.mq4, TL_by_Demark_v6.mq4.
Settings
| Setting | Default | What it does |
|---|---|---|
| Degree | 3 | |
| Kstd | 2.0 | |
| Bars | 250 | |
| Shift | 0 | Bar shift (0 = current bar) |
| Local time zone | 0 | |
| Dest time zone | 0 | |
| Line style | 2 | |
| Line thickness | 1 | |
| Show comment | false | Comment written on the orders |
| Show high low open | false | |
| Show sweet spots | false | |
| Show pivots | true | |
| Show mid pitvot | true | |
| Show fibos | false | |
| Show camarilla | false | |
| Show level prices | true | |
| Bar for labels | 10 | number of bars from right, where lines labels will be shown |
| Debug logger | false |
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: Pivot Points · Buy/Sell Arrows · Alerts · MT4 Indicator · MQL4 Source Code