The Repulse indicator measures and displays the bullish or bearish pressure associated with each price candlestick in the form of a curve.
It is more relevant when compared to price and offers valuable additional information on the feeling and confidence that traders have about the markets.
It can be seen that in the opinion of Master Mladen Rakic, the Repulse indicator is more reasonable than the price.
This is why I like the Smoothed Repulse indicator. I have asked mrtools and kvak teachers to upgrade Smoothed Repulse.mq4 and Smoothed Repulse.mq5 in various ways. Ha ha.
However, there are a lot of people downloading the upgraded version of Smoothed Repulse on the forum, but no one has discussed them. Unfortunately.
original version:
