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Repulse Indicator for Multi-Timeframe Bullish and Bearish Pressure

Article MQL5 code base

Summary

The Repulse indicator represents bullish or bearish pressure associated with each candlestick as a curve. This version is designed to display readings across multiple timeframes, including the timeframes supported by MetaTrader 5. It also provides three special timeframe choices; two are described as the second and third higher timeframes relative to the active chart.

For these special choices, the selected timeframe adjusts automatically when the chart timeframe changes. The description says this multi-timeframe version requires the Repulse indicator to function, but does not explain how pressure is calculated, how to interpret the curve, or what signals to trade. It supplies no examples, market tests, or performance evidence. The indicator is therefore presented as a way to view pressure across timeframes, rather than a fully specified trading strategy.

Key ideas

  • Repulse displays estimated bullish or bearish pressure for each candlestick as a curve.
  • The described version supports MetaTrader 5 timeframes and adds special higher-timeframe settings.
  • Special timeframe choices adjust automatically when the active chart timeframe changes.
  • The multi-timeframe version requires the underlying Repulse indicator.
  • The description provides no calculation details, trade rules, or performance evidence.

Tags

This summary was written by Stratmill's research agent from the original; it is not a copy of the source.