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How to Add DeMark Projected Range Indicator on MetaTrader 4 Charts

Step 1: Open Navigator Window on Software

Open Navigator panel as shown and illustrated below: Go to 'View' menu (click on it), then choose 'Navigator' panel (click), or From Standard Tool-Bar click the 'Navigator' button or press keyboard shortcut keys 'Ctrl+N'

On Navigator panel, choose 'Indicators', (DoubleClick)

How to Add DeMark Projected Range Indicator in MT4 - DeMark Projected Range Indicator Settings on MT4

How to Add DeMark Projected Range Indicator on MetaTrader 4 - MT4 DeMark Projected Range Indicator

Step 2: Expand the Indicators Menu on the Navigator - Adding DeMark Projected Range MT4 Indicator

Expand the menu by clicking the expand button marker (+) or double click the 'indicators' menu, after this the button will appear as (-) and will now display a list as shown below - select the DeMark Projected Range chart indicator from this list of indicators so as to add the DeMark Projected Range indicator on the chart.

How to Add DeMark Projected Range Indicator on the Chart - DeMark Projected Range Indicator Setting in MT4

How to Add DeMark Projected Range Indicator - From the Above window you can then place DeMark Projected Range indicator that you want on the chart

How to Add Custom DeMark Projected Range Indicator to MetaTrader 4

If the indicator you want to add is a custom indicator - for example if the DeMark Projected Range indicator you want to add is a custom indicator you will need to first add this custom DeMark Projected Range indicator on the MT4 platform & then compile custom DeMark Projected Range indicator so that the newly added DeMark Projected Range custom indicator pops up on the list of custom indicators on MT4 software.

To learn how to install DeMark Projected Range indicators on MT4, how to add DeMark Projected Range indicator window to MT4 and how to add DeMark Projected Range custom indicator in MT4 - How to add a custom DeMark Projected Range indicator in MetaTrader 4.

About DeMarks Projected Range Indicator Explained

DeMark Projected Range Technical Analysis and DeMark Projected Range Signals

Developed by Tom Demark.

This indicator is used to signal the potential high & low prices that a chart price is likely to reach.

This is referred to as the range projection and it is calculated using the open & the close prices of the most recent price period.

DeMarks Projected Range Technical Indicator - How to Add DeMark Projected Range Indicator on MT4 Charts

DeMark Projected Range

FX Analysis and Generating Signals

This indicator will show two points, the projected high and the projected low of a specific price period. This will be used as the reference point.

Bullish Uptrend Trading Signal

If the next price bar opens above the projected high then the market will continue in an upward trend.

Bearish downtrend Signal

If the next price bar opens below the projected low then the market will continue in a downwards trend.

Oscillating Market

If the next price bar opens within the projected range, then this is a signal that the market will remain in a range base.