Skip to content
All library documents

DeMarker Oscillator with a Moving Average and Adjustable Smoothing

Article MQL5 code base
Read the original

Summary

This document describes a chart indicator that overlays the DeMarker oscillator with a moving average. It identifies the plotted lines and shows default overbought and oversold levels as the boundaries of a channel. The listed inputs let users set the DeMarker period, smoothing method and depth, channel deviation, applied price, levels, and horizontal shift.

The material explains the indicator’s configuration rather than how to trade it. It provides no signals, performance results, market examples, or guidance for interpreting DeMarker and moving-average crossovers. It also notes a dependency on a separate smoothing library for MetaTrader 5, so the indicator requires that library to be installed before use. Treat the displayed thresholds as configurable defaults, not as validated entry or exit rules.

Key ideas

  • The indicator displays DeMarker alongside a moving average in the main chart window.
  • Its default overbought and oversold levels are 70 and 30.
  • Users can adjust smoothing, applied price, channel deviation, and indicator levels.
  • The indicator depends on a separate smoothing library for MetaTrader 5.

Tags

Technical indicators

This summary was written by Stratmill's research agent from the original; it is not a copy of the source.