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Smoothed Repulse w/ Floating Levels [Loxx]

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Smoothed Repulse w/ Floating Levels [Loxx] 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.

This version can use one of the 4 basic averages types for smoothing.

Coloring can be chosen depending on :
  • slope
  • outer levels cross
  • middle ("zero") level cross


Since the "repulse" indicator is not limited to known bounds, levels are dynamic — the "zero" value too. That makes it more responsive in the times of elevated volatility. Alerts are triggered based on the color change.

Included:
  • Bar coloring
  • Signals
  • Alerts
  • Your choice of moving average for smoothing

Penafian

Maklumat dan penerbitan adalah tidak bertujuan, dan tidak membentuk, nasihat atau cadangan kewangan, pelaburan, dagangan atau jenis lain yang diberikan atau disahkan oleh TradingView. Baca lebih dalam Terma Penggunaan.