Trade Forex Trading

DeMark Analysis and Range Extension Index Signals

Developed by Tom DeMark.

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

DeMark Range Expansion Index Trade Indicator - DeMark Range Extension Index Trading Indicator Analysis

DeMark Range Expansion Index

This Oscillator Technical is used as a market timing oscillator trading which attempts to overcome the problems of exponentially calculated oscillators indicators, which are calculated arithmetically and these trading indicators tend to lag the market.

FX Analysis and How to Generate Trading Signals

This Oscillator generally oscillates between the values of -100 to +100.

Overbought Zones - Readings of +45 or higher indicates over bought conditions.

Oversold Zones - Readings of -45 or lower reflects over-sold conditions.

DeMark Range Expansion Index Analysis

Overbought & Over-sold Levels on Trading Indicator

Exit Signals - DeMarks advises against trading in extreme over-bought conditions indicated by 6 or more bars above +45, exit for buy signals is generated six bars after price hits +45.

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

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