Returns the Smoothed Repulse indicator value.
Syntax:
1 |
SmoothedRepulse[period](price) |
Where:
- period= calculation period of the Smoothed Repulse indicator (default is 5 periods)
- price= applied price for the calculation (default is Close)
Smoothed Repulse Description : The smoothed Repulse is derived from the Repulse indicator. It is interpreted in the same way. It allows you to see the force of buyers and sellers for a given security. The difference is evaluated on the entire period for the smoothed repulse and the normal repulse only uses the current bar to calculate buying and selling force.