DeMark's Pivot Points are a proprietary method that was developed by Tom DeMark and are considered a more advanced form of pivot point analysis. Unlike the standard and Fibonacci pivot point methods which are based on the previous day's high, low and close prices, DeMark's Pivot Points are based on the current day's open, high, low and close prices, which is considered to be more useful in the short-term.

The calculation of DeMark's pivot points is based on the following formulas:

• Pivot point (P) = (H + L + 2C) / 4
• First level of resistance (R1) = (2P) - L
• First level of support (S1) = (2P) - H

Here's an example of how to calculate DeMark's Pivot Points:

Example:

• Today's open = $100

• Today's high = $110

• Today's low = $90

• Today's close = $95

• Pivot point (P) = (H + L + 2C) / 4

• Pivot point (P) = (110 + 90 + 2(95)) / 4 = $100

• First level of resistance (R1) = (2P) - L

• R1 = (2(100)) - 90 = $110

• First level of support (S1) = (2P) - H

• S1 = (2(100)) - 110 = $90

It's important to note that DeMark's pivot points are more reactive than regular pivot points, as they are calculated using the current day's open, high, low, and close prices, which can be useful for short-term trading and intraday trading. However, it's also important to keep in mind that these pivot points, as well as standard and Fibonacci pivot points, are not a guarantee of future performance, and that prices may not necessarily conform to the calculated levels, particularly in volatile markets. Traders should use other indicators and market analysis in conjunction with pivot points to make more informed trading decisions.