DeMarker GF is a forex trading system. This system is really effective and powerful forex trading tools. The system is so flexible that you can trade with any currency pairs on any time frame in any kind of market conditions. In another words, DeMarker GF system works in trending as well as ranging markets. DeMarker GFcontains no any indicator on the main chart window but it contains indicator called ‘Cronex T DeMarker’ on the indicator window. Cronex T DeMarker is a specially designed technical indicator which is actually a mixture of various other kinds of indicators. Cronex T DeMarker mainly consists of three components; histogram, moving average and arrows. Histogram moves in positive and negative territory. Among the two oscillators one is like RSI and another one is like moving average. However, it is not necessary to focus on all these indicators, only focusing on those blue and red arrows are enough to make trading decisions using DeMarker GF forex trading system.
Although the system is flexible to trade on any time frame, you should be careful on some aspects in order to have profitable trade. You should be extra careful when you trade in smaller time frames like one minute and 5 minutes. You should avoid trading during the high event news to prevent the extreme volatility which can cause your stops to trigger if you are trading in smaller time frames.
When DeMarker GF is correctly installed on your trading platform your trading chart should look like this:
As you can see above the blue and red arrows shows you right time to buy and sell the currency pair. You should buy when a blur arrow appears on the Cronex T DeMarker GF indicator and sell when red arrow appears.
The best way to trade using this system is by figuring out the major trend direction and only taking trades in that direction. In another words, you should take only long positions in an uptrend and only short positions in downtrend.
Buying Conditions Using DeMarker GF.
- Major trend should be up.
- Blue arrow should appear on the indicator window.
- Open a long position when above conditions is met.
- Place your stop just below the recent swing low.
- Take your profit when red arrow appears on the indicator window.
Selling Conditions Using DeMarker GF.
- Major trend should be down.
- Red arrow should appear on the indicator window.
- Open a short position when above conditions is met.
- Place your stop just above the recent swing high.
- Take your profit when blue arrow appears on the indicator window.
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