DeMarker Indicator (DeMarker)

Weighs how far each candle pushes above the previous high against how far it dips below the previous low, averaged over the interval. Thomas DeMark designed it to read intra-bar extremes instead of closes, producing an oscillator between 0 and 1: readings of 0.7 or above flag an overbought market, 0.3 or below an oversold one, and a dead market reads neutral (0.5).

Live Demo

Pick a market regime to see how DeMarker(14) reacts:

Usage

import {DeMarker} from 'trading-signals';
 
// DeMarker yields results once 15 inputs have been added
const deMarker = new DeMarker();