How to Use the DeMaker Trading Tool to Improve the Quality of your Orders in Olymp Trade

Ever wondered how some people win in Olymp Trade but you don’t?

Visit Website
Features
Bonus
Review
Register.
1 Best Brokers in 2019
  • Demo Account
  • :Regulated
  • :MT4 Integration
  • :Supports All Devices
  • :Fast Payouts
  • :Instant Deposits
Demo account with $10,000
* Available on Android, iOS, macOS, Windows, and MT4 Platforms.

Would you like to know all the methods they use to win consistently?

Well, if you look closely you will notice – we have added two categories on this blog: –

  1. Olymp Trade Strategies.
  2. Olymp Trade Guides.

Joon Menu

These two categories carry all the best trading methods, guides and strategies that there is to win consistently.

Today we yet add another guide. How to use the DeMaker Trading Tool to win consistently on Olymp Trade.

What is the DeMaker?

The DeMaker is a technical analysis indicator used to determine the strength and direction of a trend.

In Olymp Trade you can use the DeMaker tool to compare the most recent maximum and minimum prices and to establish trend reversal points.

Ideally, the DeMarker trend line moves between two values – 0.7 and 0.3, occasionally going outside the two set levels to give signals.

Example, you can open a trade to the corresponding direction – of the DeMaker line and the price levels. Of course, when they intersect.

How to set DeMaker Indicator on your Olymp Trade Chart.

Login to your Olymp Trade account and open it on a different tab.

Visit Website
Features
Bonus
Review
Register.
1 Best Brokers in 2019
  • Demo Account
  • :Regulated
  • :MT4 Integration
  • :Supports All Devices
  • :Fast Payouts
  • :Instant Deposits
Demo account with $10,000
* Available on Android, iOS, macOS, Windows, and MT4 Platforms.

If you don’t already have an Olymp Trade account, open one here.

  1. Now locate and click on the indicator button to activate DeMaker.

Olymp Trade Indicators

Don’t change the DeMaker settings. Use it as it is.

If anything, add another indicator to help confirm the signals but try not to change anything on DeMaker.

How to Read DeMaker Signals in Olymp Trade.

Just like in all the other oscillators, the DeMaker tool works on the principle of trend reversal. If the DeMaker line rises above 0.7 level (overbought) then prices are expected to fall. Sell at this point.

And if the indicator line goes below the 0.3 level then the asset at play is oversold and you should expect a trend reversal. Buy at this point.

DeMaker Oscillator

Keep in mind that the DeMaker trading tool only gives accurate signals if the market is volatile.

Use it on trending markets. Preferably at the beginning of the major trading sessions.

Visit Website
Features
Bonus
Review
Register.
1 Best Brokers in 2019
  • Demo Account
  • :Regulated
  • :MT4 Integration
  • :Supports All Devices
  • :Fast Payouts
  • :Instant Deposits
Demo account with $10,000
* Available on Android, iOS, macOS, Windows, and MT4 Platforms.
More Indicators in Olymp Trade.

Olymp Trade Risk Warning

More Posts 

More Posts

Comment on this post