The Repulse indicator measures and displays the bullish or bearish pressure associated with each price candlestick in the form of a curve.
There is only one parameter: the repulse period. Indicator is internally using all 4 prices in calculations and that is the reason why the price can not be changed in calculation. Recommended usage is simple:
Crossing the zero line up can be treated as buy signal.
Crossing the zero line up can be treated as sell signal.
Repulse - indicator MetaTrader 5 The "Repulse" oscillator allows finding possible levels of price rebound or rollback from strong levels. It has two parameters: Repulse…
Smoothed repulse - indicator MetaTrader 5 In short "repulse" would be : The Repulse indicator measures and displays the bullish or bearish pressure associated with each…
