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DeMark Lines Expert Advisor

This expert advisor is based on the famous DeMark Lines indicator that automatically draws trending lines. Each time that there is a signal, it takes 4 orders with different settings. It can be reversed if needed.

You have to put the DeMark lines.mq4 in the indicators directory and the DemarkLinesEA.mq4 in the experts directory.

 

This EA was tested on 30 September 2011 (Year to Date) on major pairs using default settings. It seems to be loss making across major currency pairs. Perhaps the indicator is more useful for discretionary trading as opposed to automated trading.

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