Demark indicators are useful in analyzing market trends. A Demark trading strategy helps a trader to evaluate the current state of the trend as well and the likely exhaustion point . Demark analysis has proved to be extremely valuable in terms of finding the terminal point of trends.
in case you haven't figure it out yet this indicator automatically draw up trendlines taking into account a 150 candles in calculations which you can change of course it's variables are :
- the number of candles in calculations
- alarm false or true
- color of support line
- color of resistance line
it's very easy to use just drag and drop on the chart
it will be very helpful in many cases
such as :
saving time drawing trend lines accurately
define patterns easier
analyze trends
wish all the best
