Description
To find a DeMark indicator on TradingView, use the indicator menu (beaker icon) on the chart and search for “DeMarker,” which is a common indicator by Thomas DeMark that compares intra-period highs and lows to measure market strength. You may also find indicators related to DeMark’s other work, such as his Point of Control (POC) indicator.
- Open a TradingView Chart: Go to a chart for the asset you want to analyze.
- Access the Indicator Menu: Click the “Indicators” button on the top toolbar, which looks like a beaker.
- Search for the Indicator: In the indicator menu that opens, type “DeMarker” into the search bar.
- Select and Add: Click on the “DeMarker” indicator to add it to your chart.
- The DeMarker indicator is a momentum indicator, developed by Thomas DeMark, that focuses on intra-period highs and lows rather than just closing prices.
- It compares the high of the current bar with the high of the previous bar and the low of the current bar with the low of the previous bar.
- It is used to identify overbought and oversold conditions and to predict potential changes in market trends.
- While DeMarker is a common momentum indicator, Thomas DeMark also developed other methods, such as the (POC). You can search for “Point of Control” in the indicator menu to find this or other related tools.
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