RSX range expansion index – with confidence bands – indicator MetaTrader 5

RSX range expansion index - with confidence bands - indicator for MetaTrader 5
Range Expansion Index (REI) definition : Range Expansion Index (REI) is an oscillator that measures price changing rate and signals about overbought/oversold areas, in case a price shows weakness or strength. It was developed by Thomas DeMark and described in his book “The New Science of Technical Analysis”. The indicator values change from -100 up … Read more