DeMarks XAU/USD Technical Analysis & Range Expansion Index XAUUSD Signals

Developed by Tom DeMark.

DeMark used the Range Expansion Index to trade options, in his strategy. This xauusd indicator is an oscillator.

DeMarks Range Expansion Index

This Oscillator Trading is used as a market timing oscillator technical indicator that attempts to overcome problems with exponentially calculated oscillators, which are calculated arithmetically & these indicators tend to lag the market.

Technical Analysis and How to Generate Trading Signals

This Oscillator Indicator typically oscillates between values of -100 to +100.

Over-bought Levels - Readings of +45 or higher indicates over bought conditions.

Over-sold Zones - Readings of -45 or lower indicates over-sold conditions.

Overbought & Oversold Levels in Indicator

Exit Signals - DeMark advises against trading in extreme over-bought conditions indicated by 6 or more bars above +45, exit for buy signals gets derived and generated 6 bars after the price touches/tests +45.

Exit Signals - extreme oversold conditions indicated by 6 or more bars below the -45 thresholds will generate exit signal for short trade positions.

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