CodeBaseSections
Watch how to download trading robots for free
Find us on Telegram!
Join our fan page
Interesting script?
So post a link to it -
let others appraise it
You liked the script? Try it in the MetaTrader 5 terminal
to pocket
Indicators

Repulse Multi Timeframe - indicator for MetaTrader 5

Mladen Rakic | English Русский 中文 Español Deutsch 日本語 Português
Views:
5980
Rating:
(22)
Published:
2018.06.19 17:01
Repulse mtf.mq5 (18.69 KB) view
Download as ZIP, How to download code from MetaEditor
Need a robot or indicator based on this code? Order it on Freelance Go to Freelance

The Repulse Multi Timeframe indicator measures and displays the bullish or bearish pressure associated with each price candlestick in the form of a curve.

This version is a standalone multi timeframe version (Repulse indicator is needed for its work).

Timeframes supported are all the possible timeframes supported by MetaTrader 5 and it has 3 "special" timeframes:

  • Next higher timeframe: first higher timeframe compared to active chart.
  • Second higher timeframe: second higher timeframe compared to active chart.
  • Third higher timeframe: third higher timeframe compared to active chart.

If some of these 3 timeframes are used, then the timeframe is set automatically as you change the timeframe of the chart.

Log Sigmoidal Normalized Jurik MA Log Sigmoidal Normalized Jurik MA

In this indicator Jurik MA is sigmoidal (Softmax) normalized - made as oscillator that ranges in 0 to 1 range, and if you use hyperbolic normalization it will range from -1 to +1 range.

Repulse Repulse

The Repulse indicator measures and displays the bullish or bearish pressure associated with each price candlestick in the form of a curve.

Dollar Index Dollar Index

The U.S. Dollar Index (USDX, DXY, DX) is an index (or measure) of the value of the United States dollar relative to a basket of foreign currencies, often referred to as a basket of U.S. trade partners' currencies. The Index goes up when the U.S. dollar gains "strength" (value) when compared to other currencies.

Dollar Index Candles Dollar Index Candles

Compared to the Dollar Index indicator, this version is a bit different: instead of showing just one value, it is displaying the "open", "close", "high" and "low" of dollar index as candles in a separate window. That way you can see the volatility of the dollar index intra bar change too and it displays values closer to our normal assumption how the index is formed.