range expansion index

[adryden]

is there availabe for esignal an efs for "range expansion index"?

thanks very much in advance

[ACM]

angela
You may want to post the code or a link where to find it
Alex

[adryden]

rei

Alexis,
thanks so much for your lightening-fast response, as always.

another trader of my aquaintance uses this indicator in qcharts, so i assumed it was quite common among charting packages. and since a keyword search utility for the fileshare is unavailable, i posted my request here.

i will try to obtain the code to post here.

thank you so much,
angela

Originally posted by Alexis C. Montenegro
angela
You may want to post the code or a link where to find it
Alex

[ferret]

range expansion index

did anyone manage to find the efs for the above indicator? I couldn't find it in file share. Thanks

[zeller4]

Here's what I found with a Google search:

DeMark's Range Expansion Index 
TD1:= H-Ref(H,-2);
TD2:= L-Ref(L,-2);
TD3:= If((H>=Ref(L,-5) OR H>=Ref(L,-6)) AND(L<=Ref(H,-5) OR L<=Ref(H,-6)),1,0);
TD4:= If((Ref(H,-2)>=Ref(C,-7) OR Ref(H,-2)>=Ref(C,-8)) AND (Ref(L,-2)<=Ref(C,-7) OR Ref(L,-2)<=Ref(C,-8)),1,0);
TD6:= (TD1) + (TD2);
TD5:= If((TD3) + (TD4)>=1, (TD6), 0);
TD7:= Abs(TD1) + Abs(TD2);
TDREI:=((TD5) + Ref(TD5,-1) + Ref(TD5,-2)+ Ref(TD5,-3) + Ref(TD5,-4)) /(TD7) + Ref(TD7,-1) + Ref(TD7,-2) + Ref(TD7,-3) + Ref(TD7,-4)*100;
TDREI; 

If I find another one with code, I'll post it also.
Kirk

[zeller4]

here's another one...

IF( ( (HI>=LO5 OR HI>=LO6) AND (LO<=HI5 OR LO<=HI6) ) OR
      ( (HI2>=CL7 OR HI2>=CL8) AND (LO2<=CL7 OR LO2<=CL8) ) )
THEN   
   VALUE = HI - HI2 + LO - LO2
   ABSVALUE = ABS(HI - HI2) + ABS(LO - LO2)
ELSE    VALUE = ABSVALUE = 0 
TD_REI = SUM(VALUE, N) / SUM(ABSVALUE, N)

where N is the the TD_REI Period 

Hope one of them helps...
kz

[zeller4]

I was able to find some code through a google search...

not sure if this is"too simple"! but I'm not sure what to do with the other code's "Ref"...

If someone can direct us to a starting point, we'd appreciate it.

Kirk