DeMark Pivot Points

A DeMark Pivot Point is an indicator that is used to identify potential reversal points in the market. This is done by looking for price action that creates a pivot point, which is then used to generate buy or sell signals.

Compared to other pivot points, its calculations start with a different base and use different formulas for support and resistance. These Pivot Points depend on the relationship between the candle's opening and closing levels.

DeMark Pivot Point can be used to create trading levels once the generating price action has been searched for and found.

Demark Pivot Points can be preferred for short time periods.

There is only one resistance (R1) and one support (S1) level. Demark Pivot Points do not have multiple support or resistance levels.