Demark Pivot Point (DEMARKPIVOTPOINT)
StratCraft indicator page for Demark Pivot Point.
Route: /indicators/demarkpivotpoint/
What It Does
Demark Pivot Point computes support and resistance levels using price relationships around the open and close. It is often used for intraday structure.
Formula
Demark Pivot Point uses open, close, and derived Fibonacci-like levels to build pivot support and resistance bands.
Parameters
open- defaultFalseclose- defaultFalse_autoplot- defaultTruelevel1- default0.382level2- default0.618level3- default1
C++23 API
#include <nonabt/indicators/demarkpivotpoint.hpp>
auto demark = std::make_unique<nonabt::DEMARKPIVOTPOINT>(data(), false, false, true, 0.382, 0.618, 1.0);
Common Usage
- Use Demark Pivot levels as intraday targets.
- Combine with price reaction confirmation.
- Useful for support and resistance mapping.
Practical Pattern
Price reaction at the Demark pivot levels can help define entries, stops, and profit targets.
