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REX

Rex Oscillator [CC]The Rex Oscillator measures market behavior based on the relationship of the close to the open, high and low values of the same bar. A big difference between the high and close on a bar indicates weakness, and wide disparity between the low and close indicates strength. The difference between open and close also indicates market performance. Buy when the indicator is green and sell when it turns red. Let me know if you would like me to publish other scripts or if you want something custom done!
Pine Script® indicator
by cheatcountry
Updated May 30, 2020
99
REX by vitelot// Best used as an exit indicator at default settings. // Also doing well in entering positions by using TEMA(14) for REX and SMA(14) as signal. // You need to tune it yourself according to your trading style. // Use at your own risk. // // Vitelot/Yanez/Vts Oct 2019 //
Pine Script® indicator
by vitelot
Updated Oct 28, 2019
2525

Select market data provided by ICE Data services. Select reference data provided by FactSet. Copyright © 2025 FactSet Research Systems Inc.© 2025 TradingView, Inc.

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