DeMarker Histogram Alerts for Signal and Threshold Changes
Summary
This document describes an alert-enabled DeMarker histogram indicator. It can notify a trader when the histogram crosses zero, changes direction, breaks an overbought or oversold threshold, or exits one of those regions. The alert options include sound, email, and mobile push notifications, with settings for the bar used to trigger a signal and the number of alerts.
The material is a brief feature description rather than a strategy study. It gives no entry or exit rules, market, chart timeframe, performance results, or tests showing whether the alerts predict profitable trades. It also notes that the indicator depends on an external smoothing library for its implementation. Traders would need to define how to interpret each alert and independently evaluate signals, transaction costs, and false alerts before using them.
Key ideas
- The indicator can alert on histogram zero crossings and direction changes.
- Alerts are also available for breaks out of or exits from overbought and oversold zones.
- Sound, email, and mobile push notifications can be enabled through settings.
- The document provides no performance evidence or complete trading rules for the signals.
Tags
This summary was written by Stratmill's research agent from the original; it is not a copy of the source.