The REI (Range Expansion Index) indicator by Thomas DeMark.
The usage of the indicator is described in "The New Science of Technical Analysis" by Thomas R. DeMark.
This EA is an enhanced version of the original RUBBERBANDS EA. Just like the oroginal RUBBERBANDS EA, it works in any timeframe for any currency pair, including gold and silver.XMA
This Moving Average indicator has digital filter to detect trend and flat states of the market.