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DeMark's Range Expansion Index II
Re: DeMark Studies * To: metastock@xxxxxxxxxxxxx
* Subject: Re: DeMark Studies
* From: Claud Baruch <ClaudB@xxxxxxxxxxxxx>
* Date: Thu, 03 Jan 2002 18:14:34 -0500
* References: <APEOIPOHDINKBLLKGLLMAEGHCFAA.ken_kopelman@xxxxxxxxxxxx>
* Reply-To: metastock@xxxxxxxxxxxxx
* Sender: owner-metastock@xxxxxxxxxxxxx

Ken wrote:

> Has anybody out there coded any DeMark studies for MetaStock 7.x?
> Particularly:
>
> Sequential
> TD (Trend) Lines
> Retracements, etc...
>
> Thanks in advance,
> Ken

This is his


DeMark's Range Expansion Index II

Sum((Ref(HIGH,-2)>=Ref(LLV(CLOSE,2),-7)OR
HIGH>=Ref(LLV(LOW,2),-5))*
(Ref(LOW,-2)<=Ref(HHV(CLOSE,2),-7)OR
LOW<=Ref(HHV(HIGH,2),-5))*
(ROC(HIGH,2,$)+ROC(LOW,2,$)),8)/
Sum(Abs(ROC(HIGH,2,$))+Abs(ROC(LOW,2,$)),8)

 

Source / From: TOP
http://purebytes.com/archives/metastock/

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