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Repulse indicators for MT4

Posted: Wed May 03, 2017 8:33 pm
by danizani95
I guys I have this double repulse indicator but I think that the two lines are calculated on close price, I need the calculation on median price (A+B)/2 and if possible I'd like to have bicolor for each line. first color when repulse is pointing up, second color when repulse is pointing down. Thank you :)

Re: Double Repulse indicator editing

Posted: Wed May 03, 2017 9:30 pm
by mladen
danizani95 wrote: Wed May 03, 2017 8:33 pm I guys I have this double repulse indicator but I think that the two lines are calculated on close price, I need the calculation on median price (A+B)/2 and if possible I'd like to have bicolor for each line. first color when repulse is pointing up, second color when repulse is pointing down. Thank you :)
repulse.mq4
Actually it can not be made to use other prices
Repulse indicator uses all the 4 prices in calculation - it can not be changed
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Btw : this is the original repulse indicator. The values are different because one of the steps is not done the same in the version you posted (it should be done as it is in this version)


Re: Double Repulse indicator editing

Posted: Thu May 04, 2017 1:31 am
by danizani95
I saw a video on youtube and there was this indicator on a trading platform, in the settings it allows to set median price... I was trying to replicate that repulse indicator on mt4

Re: Double Repulse indicator editing

Posted: Thu May 04, 2017 1:55 am
by mladen
danizani95 wrote: Thu May 04, 2017 1:31 am I saw a video on youtube and there was this indicator on a trading platform, in the settings it allows to set median price... I was trying to replicate that repulse indicator on mt4
Immagine.png
danizani95

This is the original formula for repulse : As you can see it uses fixed 4 prices. Probably he changed the close for median, so did something like that too, but the difference is marginal - test it



Re: Double Repulse indicator editing

Posted: Thu May 04, 2017 9:36 pm
by danizani95
ok thank you again mladen :)

Smoothed Repulse

Posted: Sun Apr 14, 2019 1:33 am
by Jimmy
Here is another indicator which needs posting - Mladen's Smoothed Repulse for MT4. This indicator comes with Multi-timeframe mode & Interpolation.