Demarker, short for "de" (detrended) and "marker," is a technical analysis tool that measures the demand for an asset by comparing the highs and lows of successive periods. It was developed by Tom DeMark and introduced in his book, "The New Science of Technical Analysis." The demarker indicator falls into the category of oscillators, which means it oscillates between predetermined values, typically ranging from 0 to 1.It is a tool used by technical traders to time market entry and exit points. It is·a technical analysis tool that compares the most recent maximum and minimum prices to the previous period's equivalent price to measure the demand of the underlying asset.
You can scan Demarkers by using smart karobaar app with following process :
This is the first step to scan demarker. At first you have to open smart karobaar app .then click on more option and then in technical scanner.
After clicking on technical scanner , You will see several option then you have to click on momentum and this is the second step .
After momentum you have to click on Demarker setting
After clicking on Demarker setting, You have to return back on demarker coloumn then click on demarker . at last
.you wiil see some data.and this is the final step to scan Demarker.
To calculate the demarker indicator, we need the following components:
Step 1: Calculate DeMax and DeMin for each period:
Step 2: Calculate the DeMax Sum and DeMin Sum for a specified number of periods:
The demarker indicator oscillates between 0 and 1, providing insights into the market's momentum and potential turning points. Understanding how to interpret demarker readings is crucial for traders aiming to use this indicator effectively.
Overbought and Oversold Conditions;
Practical Applications of Demarkers:
Identifying Reversal Points:
Timing Entry and Exit Points:
Filtering Trading Signals: