Demark + Channels indicator MT4

✔ NFA & FIFO COMPATIBLE

...made to work with most brokers

✔ ONE SINGLE PAYMENT

...no hidden fees, no subscriptions

✔ FREE LIFE UPDATES

...every time a version is released

A chart displaying the Demark + Channels indicator.

In addition to plotting the DeMark lines, the indicator also draws channels and trend lines. It includes three targets, with the third one defined as 1.62 of the inner extremum. The tool cancels signals when closing within the channel.

Demark + Channels Settings

Demark indicator settings:

showBars – if = 0, the demarcation points are displayed for the entire chart
LevDP – level of demarcation points; 2 = the central bar will be above (below) 2 bars on the left and 2 bars on the right
qSteps – number of displayed steps, no more than 3
BackStep – number of steps back
startBar – if 0, recommendations for the current bar / if 1, then for the expected next bar
TrendLine – false = there will be no trend lines
HorizontLine – true = breakout levels will be drawn
ChannelLine – true = build channels parallel to trend lines
TakeLines – true = draw take levels
Trend – 1 = UpTrendLines only, -1 = DownTrendLines only, 0 = all TrendLines

Download Demark + Channels indicator free

Download a free version

⚠ fully functional but limited to trading on demo accounts

5 Comments

Jožef Lemuel

The way this plots DeMark lines alongside channels is genuinely helpful. I’ve been able to spot breakout zones and trend shifts with way more confidence, especially during high volatility sessions

Varpu

That little detail has saved me from jumping into trades that would’ve gone sideways fast.

Anonymous

Combining trend lines, breakout levels, and take profit zones in one tool is a smart move. It’s made my chart setup cleaner and more efficient — no need to juggle five indicators anymore

It’s compatible with FIFO and NFA rules, which is a big plus for me. Not every tool plays nice with regulated brokers, so that’s a win.

Verónica

The channel boundaries give a clear visual cue when price is stretching too far or prepping for a reversal.