Any oil or water hardening steel can be marquenched, air hardening steels don’t really offer themselves to the technique for the obvious reasons. Be aware that actual marquenching or martempering is done using special baths of quenchants designed for those temps, but the effect can be approximated by an interrupted quench. The trick is to learn the cooling curve, and thus timing of your oil. Some guys have used the infrared pyrometers to quick check the temperature of the blade to find the right count to interrupt, this is great but I just do it old school. I have learned to count off the seconds when properly agitating the blade in the oil to interrupt at around 400F. Of course this will change a little with blade size and clay coatings will really throw me off, but if you interrupt at the correct time the blade should be wet with a light coating of oil that is giving off light wispy vapors. If it is dry and smoking like crazy it is too hot, if it is dripping wet with no vapors it is probably too cool. Ideally you want to get at close to 400F to 420F as you can. If it is 500F or better there are some issues with auto-tempering and possible unwanted transformations, if it is too cool there is little benefit.
If done correctly as much as 30-40% of the hardened phase of steel can form at temperatures where the blades own thermal mass can cause it to get a head start on the tempering operation, and that is huge in terms of avoiding brittleness. Also with steels of certain carbon contents it heads off a strain generating impingement of the hard structures components before it can happen, with quenching to room temp these impingements occur unfettered, by limiting them gains as high as 20% more toughness can be had. Also since the blade is still not entirely hardened you can put on gloves to protect your hands from the hot blade and gently straighten any warps as they occur.
Many people make two big mistakes with the technique however. Some feel they need to put the blade back into the quench. This is not only not necessary it defeats the whole purpose of marquenching, if you quenched fast enough from 1200F to 450F, the blade has no choice but to harden and there is no reason to fast cool it any longer. The other mistake comes from mistakenly thinking they can improve on the effect by cooling slower than air all this does is cause retained austenite and other undesirable mixed phases. Also remember that if you Rockwell these as-quenched blades they will read 1.5 to 2 points lower than normal, this is not because they didn’t fully harden it is because they are already partially tempered. It is also important to remember that they are only partially tempered, they still absolutely need a full tempering as well.
The next time you do a quench give it a shot. Use a practice bar of steel and interrupt it to see how easily it will bend, (by the way a magnet also will not stick to it until around 375F.) and cut with a file. Then after it reaches room temp it will just dull the same file. Another demonstration that I like to do is bring bent blades that I straighten after the quench before they fully harden, and then toss them on the concrete.