cheatcountry

Demark Range Expansion Index

The range expansion index was developed by Thomas DeMark and published in his 1994 book, The New Science of Technical Analysis .
Release Notes: updated to match my other indicators
Release Notes: fixed issue with default resolution
Release Notes: Updated to v5 and fixed some issues pointed out to me by @levith

Open-source script

In true TradingView spirit, the author of this script has published it open-source, so traders can understand and verify it. Cheers to the author! You may use it for free, but reuse of this code in a publication is governed by House Rules. You can favorite it to use it on a chart.

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