# Mobius (Demarks Pivot and Demarks MA) for ThinkorSwim

#### mc01439

##### Well-known member
2019 Donor
VIP
Mobius posted these on "thinkScript Lounge" this morning.

10:17 Mobius: Here are two studies by DeMark I find still useful.
This one I find useful as boundaries for intraday likely moves:

https://tos.mx/pGukThm
https://tos.mx/vBx2ibC
Code:
``````#Start Code
# Demark's Pivots
# Ported to TOS by Mobius
#

declare hide_on_daily;

def o = open(period = AggregationPeriod.Day)[1];

def h = high(period = AggregationPeriod.Day)[1];

def l = low(period = AggregationPeriod.Day)[1];

def c = close(period = AggregationPeriod.Day)[1];

def x = if c < o

then h + (2 * l) + c

else if c > o

then (2 * h) + l + c

else if c == o

then h + l + (2 * c)

else x[1];

plot Pivot_Point = X/4;

Pivot_Point.SetPaintingStrategy(PaintingStrategy.Horizontal);

plot Support = X/2 - h;

Support.SetPaintingStrategy(PaintingStrategy.Horizontal);

plot Resistance = X/2 - l;

Resistance.SetPaintingStrategy(PaintingStrategy.Horizontal);

# End Code``````

This is still a very good Moving Average

Code:
``````#Start Code

# Demarks MA

# Mobius

# V01.2.2011

# What makes this MA unique is that it can be run at very low period lengths and still be a smooth indicator. Which makes it very responsive.

script Range{

input d = close;

input Min = 0;

input Max = 10000;

def hh = HighestAll(d);

def ll = LowestAll(d);

plot nr = (((Max - Min) * (d - ll)) /

(hh - ll)) + Min;

}

input n = 5;

input V = 0.682;

def newMax = Highest(high, n);

def newMin = Lowest(low, n);

script BP {

def bp = (((close - open) / (high - low)) * volume);

plot data = bp;

}

def newBP = Range(BP().data, newMin, newMax);

def StDev = StDev(newBP, n);

def GDEMA = (ExpAverage(newBP, n)* (1 + V)) -

(ExpAverage((ExpAverage(newBP, n)), n)* V);

plot PlotData = if IsNaN(newBP)

then Inertia(GDEMA[1], n)

else Inertia(GDEMA, n);

PlotData.SetStyle(Curve.Firm);

PlotData.SetLineWeight(1);

plotData.AssignValueColor(if PlotData > PlotData[2]

then Color.Green

else Color.Red);

# End Code``````

10:18 Mobius: There 2 different studies in the post above.

Last edited by a moderator:
@mc01439 Thanks for grabbing these gems. Mobius said he was on 2 minute charts for /ES.
What are the Ticks you used today for the pic above?

Interesting indicators, thx for sharing @mc01439. Looks like you have created some cool studies and ways to track signals with those labels too. Are any of those already on this site?

Appreciate your sharing @mc01439. Always looking to learn new things and incorporate into my own work.

Appreciate your sharing @mc01439. Always looking to learn new things and incorporate into my own work.

Anything we can do to help each other out. Have a great weekend!

Does anyone know how to adjust this DeMARK pivot to calculate the first 15 minutes of trading rather than previous day?

Does anyone know how to adjust this DeMARK pivot to calculate the first 15 minutes of trading rather than previous day?
This is a daily aggregated study. It is not possible to calculate any intraday data.

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