Thank you for this indicator, can you give the reference marks for the reading of REI ?
The pack that I post has two REI indacators inside.
One for MT4 (MQ4 FORMAT)
the other is for MT3.(mql format)
Unfortunately ,the one for MT4 may have some bugs in it .
It may not work well, I don't know what the problem is.
Can someone help?
SORRY I don't find the reference marks , I got it form a russian forum alpari .
I myself don't speak russian.
I was reading this thread on alpari forum and it was no any description of REI indicator. It was stated only that this indicator may be used instead of classical DeMark or together with classical Demark (Overbought/Oversold) when we are using Ind-TD-Demark indicators. On this alpari thread you may find the fixed REI indicator (the code was posted directly to the post not as attachments) and some images of the chart illustrated this indicator.
i have downloaded the ind-td-demark3-1.eng but i do not know how use it
would you tell how i use it for tarding.i would be delighted if you would introduce me a refrence or way of trading with the indicator.
and i have the same question about TD-points&line-auto indicatore too.
thanks for your never ending efforts
Some explanation of the settings of this indicator you may find here.
thank you newdigiral.i have read the link but i found nothing in term of how i should use the indicator for trading.
anyway thanks for your attention.
A thread here will help - much discussion about DeMark...
See also article by Tom DeMark on his indicator and methods...
Article on REI - Range Expansion Index by Tom DeMark at...
Also, you and others reading this post may/may not know about the following site which has many indicators and their formulas and explanations. I often use this site to see things about various indicators...
One of which is the REI indicator -
Hope some of above is useful.
thanks a million ukt.
i will check all of them.
again thanks four your attention to my problem
new version from Ind-TD-Demark-3-1
It seems this one is connecting 3 lines, good work.