The technical indicator MT4 3c JDemark H combines DeMarker oscillator with ultralinear Jurik Moving Average JMA filter which eliminates lag
included
3c_JDemark_H.mq4
JJMASeries.mqh
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Interpretation Rules - Trading signals from
* buy signal: Feeling uptrend
. The histogram 3c JDemark H crosses down the oversold level and then passes again on the rise this level
. The histogram 3c JDemark H breaks rising level 0
. The histogram 3c JDemark H blue: the value 3c JDemark H rises
. Divergence bullish: the price is down (again above lower) and the oscillator 3c JDemark H up (new higher low) .A upward correction of prices is expected
* Sales Signal : Feeling downtrend
. The histogram 3c JDemark H crosses upwards the overbought level and then passes back to lower this level
. The histogram 3c JDemark H breaks down the 0 level
. The histogram 3c JDemark H red: the value 3c JDemark H fall
. Bearish divergence: a price increase (new higher low) and H 3c JDemark oscillator down (again highest lower) .A downward correction of prices is expected.
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time unit UT - time Frame: H1 1 Hour
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