Trading Signals from a Moving Average of the DeMarker Indicator
Summary
The indicator displays the DeMarker oscillator in a separate chart window after smoothing it with a moving average. It places arrow markers where the smoothed indicator intersects, presenting those intersections as potential trading signals.
The document suggests acting on the current bar for an earlier but riskier signal, or waiting for the previous bar for a more conservative signal. It does not specify the moving-average settings, DeMarker thresholds, entry direction, exit rules, or any backtest results. The signal description is therefore a basic indicator concept rather than a validated trading strategy; the stated difference between the two approaches concerns timing and risk of acting before the bar closes.
Key ideas
- The indicator smooths DeMarker values with a moving average in a separate chart window.
- Arrows mark intersections of the smoothed indicator.
- A signal on the current bar is described as riskier than waiting for the previous bar.
- No parameter settings, complete trading rules, or performance tests are provided.
Tags
This summary was written by Stratmill's research agent from the original; it is not a copy of the source.