TERMINAL [ DemaK ]

TERMINAL [DemaK] is a comprehensive session and market structure indicator designed to centralize multiple key price references commonly used in intraday and session-based analysis.

The indicator combines Initial Balance zones, session-derived price levels, previous day references, and VWAP context into a single, configurable tool.

Initial Balance (IB)

TERMINAL [DemaK] automatically detects predefined trading sessions and identifies the Initial Balance range for the selected session type. Once the session completes, the indicator projects:

Initial Balance high and low levels

A midpoint reference

Optional projected extension levels derived from the IB range

These levels remain fixed after the session closes and extend forward to provide structured reference points for the rest of the trading period.

Session Zones

The Initial Balance area can be visually highlighted on the chart, allowing traders to clearly see the price range where early session activity occurred. Options are available to display only the most recent session or retain historical levels.

Previous Day Levels

The indicator also plots key previous day price references, such as:

High

Low

Open

Close

Optional average level

These levels extend into the current session and serve as commonly watched reference points for price interaction and reaction.

VWAP Context

TERMINAL [DemaK] includes optional volume-weighted average price (VWAP) lines anchored to:

Daily

Weekly

Monthly periods

VWAP levels reset automatically at the start of each new period and provide additional context for value and balance during intraday trading.

Customization

Users can configure:

Session selection and Initial Balance type

Visibility of levels, zones, projections, and labels

Visual properties such as colors, line styles, and line thickness

Whether to show only current-session data or retain historical references