MATHR3E REI is an indicator based on TD Range Expansion Index developed by Thomas Demark.
This indicator is also combined with TD POQ from the same author.
TD REI is an oscillator that was created to link the price of a given day to that of two previous days.
It helps to identify prospective reversals relative to overbought and oversold zones:
- When the TD REI...
The Range Expansion Index ( REI ) oscillator is based on Tom Demark's studies and described in "DeMark on Day Trading Options" book.
Range Expansion Index is an oscillator which compares current intraday highs and lows with the high and low of two bars ago.
The indicator oscillates between +100 and - 100, Default overbought and oversold conditions are 45/-45...
TD Range Expansion Index was developed by Thomas Demark and described in his book "Day Trading Options".
This indicator follow the main idea behind the Demark's indicator with some minor changes in math and additional options (Smooth REI with SMA/EMA, Signal line, REI pre-/post- signals,TD POQ qualifier).
The TD Range Expansion Index is an oscillator whose...