MetaTrader 5 / Indicators

Repulse - indicator for MetaTrader 5

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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.