DeMark lines

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Author: GreenDog
DeMark lines

This script is a sophisticated technical analysis tool designed for the MetaTrader platform. It operates primarily on the DeMark Theory, a method used to identify significant price levels and trend reversals by analyzing specific "turning points" in price action.

Instead of just showing simple moving averages, this tool identifies "DeMark Highs" and "DeMark Lows"—specific peaks and valleys where the price significantly shifts direction relative to the candles surrounding them.

Core Functional Logic

1. Trendline Identification and Analysis The script automatically scans historical data to construct trendlines based on the identified DeMark points. Depending on your settings, it can track:

  • Upward Trends: Identifying support structures where price has found a floor.
  • Downward Trends: Identifying resistance structures where price has hit a ceiling. The tool calculates the slope of these lines to project them into the future, helping traders visualize where the current momentum is heading.

2. Breakout Detection (The "Hitch" System) One of the script's primary jobs is monitoring when the market "breaks out" of established trendlines. To ensure these aren't just random spikes, it uses a multi-step validation system called "Break Qualifiers." It checks several conditions simultaneously—such as whether the price has successfully closed past a level or opened above a certain point—before confirming a breakout.

3. Visual Signaling and Alerts When a confirmed breakout occurs, the script provides immediate feedback through three channels:

  • On-Chart Arrows: It places visual markers (arrows) at the exact moment a trendline is breached.
  • Real-time Alerts: It can trigger pop-up notifications on your trading screen.
  • Email Notifications: It can send an instant email to notify you of a breakout even if you aren't looking at the charts.

4. Dynamic Support and Target Mapping The script goes beyond just showing the trend; it calculates specific mathematical levels based on market geometry:

  • Horizontal Levels: Marks significant price points where a reversal might occur.
  • Channels: Draws parallel lines to create "corridors" of price movement, helping you see if the market is expanding or contracting.
  • Take Profit Targets: Based on Fibonacci-style calculations (such as the 1.618 level), it automatically plots dotted lines on your chart to suggest potential exit points for a trade.

User Experience Features

  • Status Dashboard: The script provides an on-screen text commentary that tracks how much time is left in the current candle and lists the status of all active trendlines and channels.
  • Customizable Visuals: Users can toggle different colors for up and down trends, adjust the thickness of lines, and choose whether to show specific elements like targets or horizontal levels.
  • Automated Cleanup: The script is designed to manage its own "memory," automatically deleting old trendlines and objects to keep your chart clean and uncluttered as new data arrives.
Price Data Components
Series array that contains open time of each bar
Miscellaneous
Implements a curve of type %1It sends emails
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DeMark lines 
//------------------------------------------------------------------/
// Indicator-advisor based on Demark threory with additions
// Some part of the code was taken from Ind-TD-DeMark-3-1.mq4 [Kara ©]
//------------------------------------------------------------------/
#property copyright "GreenDog" 
#property link      "krot@inbox.ru" // v2.3

#property indicator_chart_window 
#property indicator_buffers 2
#property indicator_color1 Red 
#property indicator_color2 Blue 



extern int showBars=3000; // if showBars= 0 so the indicator will be shown for all the chart
extern int LevDP=2; //  Demar Pint Levels; 2 = central bar will be higher (lower) then 2 bars on the left side and 2 bars on the right one.
extern int qSteps=1; // number of steps/ no more than 3
extern int BackStep=0; // number of staps back
extern int startBar=0; // ifstartBar=0 so we have recommendation for the current bar, if 1 - for possible next bar
extern bool TrendLine=false; // false = no trend lines
extern bool HorizontLine=false; // true = break levels
extern bool ChannelLine=false; // true = channels which is parallel with trend lines 
extern bool TakeLines=false; // true = take profit lines
extern bool Comments=false; // true = comments

extern int Trend=0; // 1 = for UpTrendLines only, -1 = for DownTrendLines only, 0 = for all TrendLines
extern bool ShowArrows=true;
extern bool CustomFeatures=true;
extern color UpTrendColor=Green;
extern color DownTrendColor=Red;

extern int TrendlineWidth=3;
extern bool ShowAlerts=false;
extern bool EmailAlert=false;
int trendwidth;
color trendcol;
//int ColNum[];
double Buf1[]; 
double Buf2[]; 



int    DotPip=10;

//---- buffers


double BuyBuffer[];
double SellBuffer[];




string Col[]={"Red","DarkBlue","Coral","DodgerBlue","SaddleBrown","MediumSeaGreen"};
//int ColNum[1]=coll1; //={coll1,coll2,coll3,coll4,coll5,coll6};
int ColNum[]={Red,DeepSkyBlue,Coral,Aqua,SaddleBrown,MediumSeaGreen}; //DeepSkyBlue
int qPoint=0; // ïåðåìåííàÿ äëÿ íîðìàëèçàöèè öåíû

int qBars; double qTime=0; // ïåðåìåííûå äëÿ ëèêâèäàöèè ãëþêîâ ïðè çàãðóçêå

int init() 
  {
	IndicatorBuffers(4);
   qBars=Bars;
   qSteps=MathMin(3,qSteps);
   while (NormalizeDouble(Point,qPoint)==0)qPoint++;
   int code=161; string Rem="DLines © GameOver";
   IndicatorShortName(Rem); 
   if (ShowArrows){
   SetIndexStyle(0,DRAW_ARROW); 
   SetIndexStyle(1,DRAW_ARROW); 
   }
   SetIndexArrow(0,code); 
   SetIndexArrow(1,code); 
   SetIndexBuffer(0,Buf1); 
   SetIndexBuffer(1,Buf2); 
   SetIndexEmptyValue(0,0.0);
   SetIndexEmptyValue(1,0.0);
   SetIndexLabel(0,Rem); 
   SetIndexLabel(1,Rem); 

SetIndexStyle(2,DRAW_ARROW,EMPTY,2);
SetIndexArrow(2,241);
SetIndexBuffer(2, BuyBuffer);

SetIndexStyle(3,DRAW_ARROW,EMPTY,2);
SetIndexArrow(3,242);
SetIndexBuffer(3, SellBuffer);


   return(0);
  } 

int deinit() {
   ObjectsDeleteAll();
   
   Comment("");
   ArrayInitialize(Buf1,0.0);
   ArrayInitialize(Buf2,0.0);
   for(int i=1;i<=LevDP;i++){
      ObjectDelete("HA_"+i);ObjectDelete("LA_"+i);
      ObjectDelete("HL_"+i);ObjectDelete("LL_"+i);
      ObjectDelete("HHL_"+i);ObjectDelete("HLL_"+i);
      ObjectDelete("HCL_"+i);ObjectDelete("LCL_"+i);
      for(int j=0;j<4;j++) {ObjectDelete("HTL_"+i+j);ObjectDelete("LTL_"+i+j);}
   }
}
  
int start(){

   
   
   
   if (qBars!=Bars){ deinit(); Sleep(1000); qBars=Bars; qTime=0; return(0);}
   if (qTime==Time[0]) return(0); qTime=Time[0]; // çàïóñêàåöà òîêà íà 1ì òèêå
   // çàïîëíèëè è îòîáðàçèëè òî÷êè äåìàðêà
   if (showBars==0) showBars=Bars-LevDP;
   for (int cnt=showBars;cnt>LevDP;cnt--) {
      Buf1[cnt]=DemHigh(cnt,LevDP);
      Buf2[cnt]=DemLow(cnt,LevDP);
   }
   
   string Comm;
   double j;
   int m,s,k;
   m=Time[0]+Period()*60-CurTime();
   j=m/60.0;
   s=m%60;
   m=(m-m%60)/60;
   Comm=Comm+"Demark with alerts";
   Comm=Comm+( m + " minutes " + s + " seconds left to bar end")+"\n";
   if (Comments){Comment(Comm);}else{Comment("Demark with alerts" + "\n" + m + " minutes " + s + " seconds left to bar end" +"\n");}
   
   Comm=Comm+"Trend Line["+On(TrendLine)+"]; Channel ["+On(ChannelLine)+
   "]; Breakout level ["+On(HorizontLine)+"]; Targets ["+On(TakeLines)+"]\n";
   for(cnt=1;cnt<=qSteps;cnt++) Comm=Comm+(TDMain(cnt));
   Comm=Comm+"———— © GameOver ————";
   if (Comments==true) Comment(Comm);
   return(0); 
}

string TDMain(int Step){
   int H1,H2,L1,L2,qExt,i,col;
   double tmp,qTL,qLevel,HT[4],LT[4];
   bool isHitch;
   string Comm="»—»—» Step "+Step+" of "+qSteps+" (BackStep "+BackStep+")\n",Text,Rem,qp;
   static datetime timealertupper, timealertlower;
   
   // äëÿ DownTrendLines
   if (Trend<=0){
      Comm=Comm+"» "+Col[Step*2-2]+" DownTrendLine ";
      col=ColNum[Step*2-2];
      H1=GetTD(Step+BackStep,Buf1);
      H2=GetNextHighTD(H1);
      qTL=(High[H2]-High[H1])/(H2-H1);
      qExt=Lowest(NULL,0,MODE_LOW,H2-H1-1,H1+1); // ëîêàëüíûé ìèíèìóì ìåæäó òî÷êàìè
      qLevel=High[H2]-qTL*(H2); if (Step+BackStep==1) qLevel=qLevel-qTL*startBar;
      if (H1<0 || H2<0) Comm=Comm+"not enough points on the chart for construction\n";
      else {
         Comm=Comm+"["+DoubleToStr(High[H2],qPoint)+"»"+DoubleToStr(High[H1],qPoint)+"]";
         Comm=Comm+"; Level "+DoubleToStr(qLevel,qPoint);
         if (Step+BackStep==1) {
            if (startBar>0) Comm=Comm+"; Future Bar "+UpHitch(-1,qLevel);
            else Comm=Comm+"; Last Bar "+UpHitch(startBar,qLevel);
         }
         Comm=Comm+"\n";
         // Àíàëèç - áûë ëè ïðîáîé òðåíäîâîé ëèíèè
         i=H1;isHitch=false;Text="";         
         while(i>0 && isHitch==false){
         BuyBuffer[i]=0;
            tmp=High[H2]-qTL*(H2-i);
            Rem="HA_"+Step;
            if (Close[i]>tmp){
               qp=UpHitch(i,tmp);
               if (qp!=""){
                  isHitch=true;
                  Text=Text+"Source "+DoubleToStr(tmp,qPoint)+" "+qp;
                  BuyBuffer[i]=Low[i]-DotPip*Point;
                  if (timealertupper!=Time[i]){
                  
                  if (ShowAlerts){
                  Alert ("MOUTEKI: Upper trendline broken on " + Symbol() + " TF: " + Period() + " @ " + Bid);
                  }
                  
                  ObjectCreate(Rem,OBJ_ARROW,0,0,0,0,0);
                  ObjectSet(Rem,OBJPROP_COLOR,col);
                  ObjectSet(Rem,OBJPROP_PRICE1,Low[i]-Point);
                  ObjectSet(Rem,OBJPROP_TIME1,Time[i]);
                  ObjectSet(Rem,OBJPROP_ARROWCODE,241);
                  //}
                  if (EmailAlert){
                     SendMail("MOUTEKI: Upper trendline broken on " + Symbol() + " TF: " + Period() + " @ " + Bid, "MOUTEKI: Upper trendline broken on " + Symbol() + " TF: " + Period() + " @ " + Bid + "\n" + "Alerts by LightKeeper. martkoz@optusnet.com.au");
                  }
                  timealertupper=Time[i];
                  }
                  /////////////////////////////////////
                  ObjectCreate(Rem,OBJ_ARROW,0,0,0,0,0);
                  ObjectSet(Rem,OBJPROP_COLOR,col);
                  ObjectSet(Rem,OBJPROP_PRICE1,Low[i]-Point);
                  ObjectSet(Rem,OBJPROP_TIME1,Time[i]);
                  ObjectSet(Rem,OBJPROP_ARROWCODE,241);
                  ////////////////////////////////////
                  if (ShowArrows==true){
                  while(i>0){ // ïðîáîé îòìåíåí, åñëè ïîñëå ïðîáîÿ áûë íîâûé ëîó èëè çàêðûòèå íèæå
                     i--;
                     if (Low[i]<Low[qExt] || Close[i]<(Low[qExt]+(High[H1]-Low[qExt])*0.236)){                        
                        Text=Text+" (cancel)";
                        ObjectSet(Rem,OBJPROP_PRICE1,Low[i]-Point);
                        ObjectSet(Rem,OBJPROP_TIME1,Time[i]);
                        ObjectSet(Rem,OBJPROP_ARROWCODE,251);
                        break;
                     }
                  }
                  }
               }
               else { Text=Text+"False "+DoubleToStr(tmp,qPoint)+"; "; ObjectDelete(Rem);}
            }
            i--;
         }
         if (Text=="") Text="No breakout";
         Comm=Comm+Text+"\n";
         // end analysis
         Rem="HL_"+Step; // ñîáñíî ëèíèÿ òðåíäà
         if (CustomFeatures){trendcol=DownTrendColor;}else{trendcol=col;}
         if (TrendLine){
            if (CustomFeatures==false){trendwidth=3-MathMin(2,Step);}else{trendwidth=TrendlineWidth;}
            ObjectCreate(Rem,OBJ_TREND,0,0,0,0,0);
            ObjectSet(Rem,OBJPROP_TIME1,Time[H2]);ObjectSet(Rem,OBJPROP_TIME2,Time[H1]);
            ObjectSet(Rem,OBJPROP_PRICE1,High[H2]);ObjectSet(Rem,OBJPROP_PRICE2,High[H1]);
            ObjectSet(Rem,OBJPROP_COLOR,trendcol);
            ObjectSet(Rem,OBJPROP_WIDTH,trendwidth);
         }    
         else ObjectDelete(Rem);
         Rem="HHL_"+Step; // óðîâåíü ïðîáîÿ ëèíèè òðåíäà
         if (HorizontLine && (Step+BackStep)==1){
            ObjectCreate(Rem,OBJ_HLINE,0,0,0,0,0);
            ObjectSet(Rem,OBJPROP_PRICE1,qLevel);
            ObjectSet(Rem,OBJPROP_COLOR,trendcol);
         }
         else ObjectDelete(Rem);
         Rem="HCL_"+Step; // ëèíèÿ êàíàëà
         if (ChannelLine){
            ObjectCreate(Rem,OBJ_TREND,0,0,0,0,0);
            ObjectSet(Rem,OBJPROP_TIME1,Time[qExt]);ObjectSet(Rem,OBJPROP_TIME2,Time[0]);
            ObjectSet(Rem,OBJPROP_PRICE1,Low[qExt]);ObjectSet(Rem,OBJPROP_PRICE2,Low[qExt]-qTL*qExt);
            ObjectSet(Rem,OBJPROP_COLOR,trendcol);
         }
         else ObjectDelete(Rem);
         Rem="HTL_"+Step; // ëèíèè öåëåé
         if (TakeLines){
            HT[3]=Low[qExt]+(High[H1]-Low[qExt])*1.618-qLevel; //  äîï óðîâåíü
            HT[0]=High[H2]-qTL*(H2-qExt)-Low[qExt];
            HT[1]=High[H2]-qTL*(H2-qExt)-Close[qExt];
            qExt=Lowest(NULL,0,MODE_CLOSE,H2-H1,H1);
            HT[2]=High[H2]-qTL*(H2-qExt)-Close[qExt];
            Comm=Comm+"Targets: ";
            for(i=0;i<4;i++){
               qTL=NormalizeDouble(qLevel+HT[i],qPoint);
               ObjectCreate(Rem+i,OBJ_HLINE,0,0,0,0,0);
               ObjectSet(Rem+i,OBJPROP_PRICE1,qTL);
               ObjectSet(Rem+i,OBJPROP_STYLE,STYLE_DOT);
               ObjectSet(Rem+i,OBJPROP_COLOR,trendcol);
               Comm=Comm+DoubleToStr(qTL,qPoint)+" ("+DoubleToStr(HT[i]/Point,0)+"p.) ";
             }
             Comm=Comm+"\n";
         }
         else {
            for(i=0;i<4;i++) ObjectDelete(Rem+i);
         }
      }
   }

   // äëÿ UpTrendLines
   if (Trend>=0){
      Comm=Comm+"» "+Col[Step*2-1]+" UpTrendLine ";
      col=ColNum[Step*2-1];
      L1=GetTD(Step+BackStep,Buf2);
      L2=GetNextLowTD(L1);
      qTL=(Low[L1]-Low[L2])/(L2-L1);
      qExt=Highest(NULL,0,MODE_HIGH,L2-L1-1,L1+1); // ëîêàëüíûé ìèíèìóì ìåæäó òî÷êàìè
      qLevel=Low[L2]+qTL*L2; if (Step+BackStep==1) qLevel=qLevel+qTL*startBar;
      if (L1<0 || L2<0) Comm=Comm+"not enough points on the chart for construction\n";
      else {
         Comm=Comm+"["+DoubleToStr(Low[L2],qPoint)+"»"+DoubleToStr(Low[L1],qPoint)+"]";
         Comm=Comm+"; Level "+DoubleToStr(qLevel,qPoint);
         if (Step+BackStep==1) {
            if (startBar>0) Comm=Comm+"; Future Bar "+DownHitch(-1,qLevel);
            else Comm=Comm+"; Last Bar "+DownHitch(startBar,qLevel);
         }
         Comm=Comm+"\n";
         // Àíàëèç - áûë ëè ïðîáîé òðåíäîâîé ëèíèè
         i=L1;isHitch=false;Text="";
         while(i>0 && isHitch==false){
         SellBuffer[i]=0;
            tmp=Low[L2]+qTL*(L2-i);
            Rem="LA_"+Step;
            if (Close[i]<tmp){
               qp=DownHitch(i,tmp);
               if (qp!=""){
                  isHitch=true;
                  Text=Text+"Source "+DoubleToStr(tmp,qPoint)+" "+qp;
                  SellBuffer[i]=High[i]+DotPip*Point;
                  if (timealertlower!=Time[i]){
                        
                      if(ShowAlerts){
                        Alert ("MOUTEKI: Lower trendline broken on " + Symbol() + " TF: " + Period() + " @ " + Bid);
                        }
                  ObjectCreate(Rem,OBJ_ARROW,0,0,0,0,0);
                  ObjectSet(Rem,OBJPROP_COLOR,col);
                  ObjectSet(Rem,OBJPROP_PRICE1,Low[i]-Point);
                  ObjectSet(Rem,OBJPROP_TIME1,Time[i]);
                  ObjectSet(Rem,OBJPROP_ARROWCODE,242);
                  //}
                  
                  if (EmailAlert){
                     SendMail("MOUTEKI: Lower trendline broken on " + Symbol() + " TF: " + Period() + " @ " + Bid, "MOUTEKI: Lower trendline broken on " + Symbol() + " TF: " + Period() + " @ " + Bid + "\n" + "Alerts by LightKeeper. martkoz@optusnet.com.au");
                  }
                  
                  timealertlower=Time[i];
                  }
                  ///////////////////////////////
                  ObjectCreate(Rem,OBJ_ARROW,0,0,0,0,0);
                  ObjectSet(Rem,OBJPROP_COLOR,col);
                  ObjectSet(Rem,OBJPROP_PRICE1,Low[i]-Point);
                  ObjectSet(Rem,OBJPROP_TIME1,Time[i]);
                  ObjectSet(Rem,OBJPROP_ARROWCODE,242);
                  //////////////////////////////
                  if (ShowArrows==true){ 
                  while(i>0){ // ïðîáîé îòìåíåí, åñëè ïîñëå ïðîáîÿ áûë íîâûé õàé èëè çàêðûòèå âûøå
                     i--;
                     if (High[i]>High[qExt] || Close[i]>High[qExt]-(High[qExt]-Low[L1])*0.236){
                        Text=Text+" (cancel)";
                        ObjectSet(Rem,OBJPROP_PRICE1,Low[i]-Point);
                        ObjectSet(Rem,OBJPROP_TIME1,Time[i]);
                        ObjectSet(Rem,OBJPROP_ARROWCODE,251);
                        break;
                     }
                  }
               } }
               else { Text=Text+"False "+DoubleToStr(tmp,qPoint)+"; "; ObjectDelete(Rem);}
            }
            i--;
         }
         if (Text=="") Text="No breakout";
         Comm=Comm+Text+"\n";
         // end analysis
         Rem="LL_"+Step; // ñîáñíî ëèíèÿ òðåíäà
         if (CustomFeatures){trendcol=UpTrendColor;}else{trendcol=col;}
         if (TrendLine==1) {
            if (CustomFeatures==false){trendwidth=3-MathMin(2,Step);}else{trendwidth=TrendlineWidth;}
            ObjectCreate(Rem,OBJ_TREND,0,0,0,0,0);
            ObjectSet(Rem,OBJPROP_TIME1,Time[L2]);ObjectSet(Rem,OBJPROP_TIME2,Time[L1]);
            ObjectSet(Rem,OBJPROP_PRICE1,Low[L2]);ObjectSet(Rem,OBJPROP_PRICE2,Low[L1]);
            ObjectSet(Rem,OBJPROP_COLOR,trendcol);
            ObjectSet(Rem,OBJPROP_WIDTH,trendwidth);
         }    
         else ObjectDelete(Rem);
         Rem="HLL_"+Step; // óðîâåíü ïðîáîÿ ëèíèè òðåíäà
         if (HorizontLine && (Step+BackStep)==1){
            ObjectCreate(Rem,OBJ_HLINE,0,0,0,0,0);
            ObjectSet(Rem,OBJPROP_PRICE1,qLevel);
            ObjectSet(Rem,OBJPROP_COLOR,trendcol);
         }
         else ObjectDelete(Rem);
         Rem="LCL_"+Step; // ëèíèÿ êàíàëà
         if (ChannelLine){
            ObjectCreate(Rem,OBJ_TREND,0,0,0,0,0);
            ObjectSet(Rem,OBJPROP_TIME1,Time[qExt]);ObjectSet(Rem,OBJPROP_TIME2,Time[0]);
            ObjectSet(Rem,OBJPROP_PRICE1,High[qExt]);ObjectSet(Rem,OBJPROP_PRICE2,High[qExt]+qTL*qExt);
            ObjectSet(Rem,OBJPROP_COLOR,trendcol);
         }
         else ObjectDelete(Rem);
         Rem="LTL_"+Step;
         if (TakeLines){ // ëèíèè öåëåé
            LT[3]=qLevel-High[qExt]+(High[qExt]-Low[L1])*1.618; // äîï óðîâåíü
            LT[0]=High[qExt]-qTL*(L2-qExt)-Low[L2];
            LT[1]=Close[qExt]-qTL*(L2-qExt)-Low[L2];
            qExt=Highest(NULL,0,MODE_CLOSE,L2-L1,L1);
            LT[2]=Close[qExt]-qTL*(L2-qExt)-Low[L2];
            Comm=Comm+"Targets: ";
            for(i=0;i<4;i++){
               qTL=NormalizeDouble(qLevel-LT[i],qPoint);
               ObjectCreate(Rem+i,OBJ_HLINE,0,0,0,0,0);
               ObjectSet(Rem+i,OBJPROP_PRICE1,qTL);
               ObjectSet(Rem+i,OBJPROP_STYLE,STYLE_DOT);
               ObjectSet(Rem+i,OBJPROP_COLOR,trendcol);
               Comm=Comm+DoubleToStr(qTL,qPoint)+" ("+DoubleToStr(LT[i]/Point,0)+"p.) ";
             }
            Comm=Comm+"\n";
         }
         else {
            for(i=0;i<4;i++) ObjectDelete(Rem+i);
         }
      }
   }
   return(Comm);
}

int GetTD(int P, double Arr[]){
   int i=0,j=0;
   while(j<P){ i++; while(Arr[i]==0){i++;if(i>showBars-2)return(-1);} j++;}
   return (i);         
}
int GetNextHighTD(int P){ 
   int i=P+1;
   while(Buf1[i]<=High[P]){i++;if(i>showBars-2)return(-1);}
   return (i);
}
int GetNextLowTD(int P){
   int i=P+1;
   while(Buf2[i]>=Low[P] || Buf2[i]==0){i++;if(i>showBars-2)return(-1);}
   return (i);
}
// ðåêóðñèâíàÿ ïðîâåðêà íà óñëîâèÿ Äåìàðêà (õàé), âîçâðàùàåò çíà÷åíèå èëè 0
double DemHigh(int cnt, int sh){
   if (High[cnt]>=High[cnt+sh] && High[cnt]>High[cnt-sh]) {
      if (sh>1) return(DemHigh(cnt,sh-1));
      else return(High[cnt]);
   }
   else return(0);
}
// ðåêóðñèâíàÿ ïðîâåðêà íà óñëîâèÿ Äåìàðêà (ëîó), âîçâðàùàåò çíà÷åíèå èëè 0
double DemLow(int cnt, int sh){
   if (Low[cnt]<=Low[cnt+sh] && Low[cnt]<Low[cnt-sh]) {
      if (sh>1) return(DemLow(cnt,sh-1));
      else return(Low[cnt]);
   }
   else return(0);
}
string On(bool On){
   if (On) return("on"); else return("off");
}
string UpHitch(int P, double qLevel){ // îïðåäåëåíèå êâàëèôèêàòîðîâ ïðîðûâà ââåðõ
   string Comm="";
   if (Close[P+1]<Close[P+2]) Comm=Comm+" 1";
   if (P>=0 && Open[P]>qLevel) Comm=Comm+" 2";
   if (2*Close[P+1]-Low[P+1]<qLevel) Comm=Comm+" 3";
   if (Comm!="") Comm="[ Break Qualificator:"+Comm+" ]";
   return(Comm);
}
string DownHitch(int P, double qLevel){ // îïðåäåëåíèå êâàëèôèêàòîðîâ ïðîðûâà âíèç
   string Comm="";
   if (Close[P+1]>Close[P+2]) Comm=Comm+" 1";
   if (P>=0 && Open[P]<qLevel) Comm=Comm+" 2";
   if (2*Close[P+1]-High[P+1]>qLevel) Comm=Comm+" 3";
   if (Comm!="") Comm="[ Break Qualificator:"+Comm+" ]";
   return(Comm);
}

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This indicator identifies DeMark pivot points to project dynamic trendlines, breakout levels, and Fibonacci-based target zones while monitoring structural breaches.

Mouteki-Demark_trend_new_v2

Mouteki-Demark_trend_new_v1

This indicator identifies structural trend reversals by calculating DeMark pivot points and detecting high-probability breakout 'hitches' against dynamic trendlines.

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