DeMarker Pending Orders Strategy Diagram

This diagram turns DeMarker threshold crossings into pullback limit orders instead of entering immediately. Each pending order has a four-candle lifetime, and percentage take-profit and stop-loss protection is attached only after that order actually trades.

schema

Strategy Overview

Finished fifteen-minute candles feed a DeMarker oscillator with length 14 and a close-price stream.
The lower and upper thresholds are 0.3 and 0.7; crossing blocks detect a fall through the lower threshold and a rise through the upper threshold.
Entries are accepted only from 07:00:00 through 20:59:59 on the candle timestamp and only while the position is flat.
A new setup replaces any older pending entry, while an unfilled order also expires after four subsequent finished candles.
The chart shows the candles, oscillator, both thresholds and every strategy fill.

Entry and Exit Rules

Long entry: When DeMarker falls through 0.3 inside the entry window and the position is flat, register a buy limit one pending-indent percentage below the current close.
Short entry: When DeMarker rises through 0.7 inside the entry window and the position is flat, register a sell limit one pending-indent percentage above the current close.
Exit: An unfilled limit is cancelled when another setup replaces it or when its four-candle timer completes. After a fill, position protection closes the position at either the 1.2% take-profit or the 0.6% stop-loss threshold.

Parameters

Parameter	Default	Description
DeMarker Length	14	Averaging length of the DeMarker oscillator.
Lower level	0.3	A downward crossing of this value creates a long setup.
Upper level	0.7	An upward crossing of this value creates a short setup.
Pending indent, %	0.1	Distance of the pending price from the signal candle close.
Pending life, bars	4	Number of later finished candles allowed before an unfilled order is cancelled.
Entry window start	07:00:00	First candle timestamp accepted by the entry filter.
Entry window end	20:59:59	Last candle timestamp accepted by the entry filter.
Volume	1	Size of each pending entry order.
Take profit, %	1.2	Favourable percentage move from the filled entry price.
Stop loss, %	0.6	Adverse percentage move from the filled entry price.
Candles	00:15:00	Time frame of the finished signal candles.

Diagram Details

For the lower crossing, the 0.3 constant is connected to Crossing Input Up and DeMarker to Input Down; for the upper crossing, DeMarker is Input Up and 0.7 is Input Down.
Two logical AND blocks combine the relevant crossing, the working-time result and the flat-position check; per-candle flags turn each accepted setup into a single trigger.
Formula blocks calculate close × (1 − indent / 100) for Buy and close × (1 + indent / 100) for Sell, then the two order-registration blocks submit those prices as limits.
Each setup starts its own N-values counter. Its output reaches the matching cancellation block after four later candles, and every fresh setup first asks both cancellation blocks to remove older pending entries.
A Trades for order block watches each registered limit. Only its fill output reaches Position protection, so an order that remains pending or is cancelled cannot arm a stop or take-profit.
The registration blocks also expose a MyTrade output in current Designer versions; the dedicated Trades for order blocks are retained here to make the order-to-fill event chain explicit.

Usage

Import the .json file into Designer, run it in the backtester on historical data, then adjust the parameters or the blocks themselves to fit your instrument before trading it live.