April 28, 2009

The Smoothed Repulse Indicator

I'm not sure how common the Smoothed Repulse indicator actually is but it's one that I've recently discovered hidden away in ProRealTime, the excellent charting software, and I have to say I'm quite impressed by it so far.

It's based on the Repulse indicator which is an indicator that shows the bullish or bearish pressure on the price at any one time. It is particularly significant when it crosses above or below the 0 line because this indicates the start of a new bullish or bearish trend.

The Smoothed Repulse indicator is obviously a smoothed out version of this indicator and it does seem to illustrate the trend extremely well, as you can see from the chart below which is a 4 hour chart of the EUR/USD pair:

EUR_USD Spot.png

The default period is 5 but you can also experiment with shorter or longer periods in order to find the setting that works best for you. Some traders like to use multiple settings on the same chart in order to show short, medium and long-term trends at the same time.

You may also like to use multiple time frames to trade the Smoothed Repulse indicator. For example as long as the indicator is below 0 on the daily chart, you may like to trend downward crossovers through 0 on the 4 hour or 1 hour chart, for instance.

There are lots of ways you can use the Smoothed Repulse indicator but on the whole I would certainly recommend you add it to your charts and at least play around with it. It is particularly effective on the longer term charts where the trends are more clearly defined.

 

 

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15 Comments on The Smoothed Repulse Indicator »

April 28, 2009

Nike @ 4:29 pm:

I have to say i am happy stumbling on your blog. I trade the four hourly as well and that is after so much frustrations and head banging on the wall trying to trade the 1 min, 5min and 15min charts.

However with the four hourly chart it took me a while to get used to the fact that trades would not be as frequent but at least it is consistent.

Thanks for sharing your strategy it gave me a lot of reassurances.

Keep up the good work

May 2, 2009

Rich Peschel @ 3:07 pm:

Hi,
I just read about your REPULSE INDICATOR, I cant seem to find the indicator. Can you help me find the REPULSE INDICATOR so I may download it. Thank You Rich P

James Woolley @ 4:20 pm:

Hi Rich (and others that have emailed me the same question),

I thought this indicator would be easily found online but it appears that it's only available in ProRealTime.com at the present time.

Sorry about that.

January 6, 2010

stew williams @ 5:12 pm:

where can I get the smoothed repulse indicator?

Thank you,
Stew

John Cadden @ 10:46 pm:

James,

Can you help me to find the Smoothed Repulse indicator?

Cheers,

John

February 21, 2010

Rich P. @ 3:47 pm:

Hi,

Sorry to bother you but I still have not been able to locate the repulse indicator. If you have it could you please send it to my email (topcat275@yahoo.com) thanks Rich

April 8, 2010

etop isaac @ 1:05 pm:

Your articles have help me a lot.the problem im having is how to get smoothed repulse.i will apreciate if you send it to my email. thanks.

March 1, 2011

Alex @ 3:55 pm:

James,
In your post about moving averages (you cannot be profitable trading MAs only) you say one can get the Smoothed Repulse indicator free by filling in the "form above" I am not quite clear which form you had in mind. Could you help? Thank you.

Paul @ 6:34 pm:

Here is the MT4 version.

http://www.4shared.com/file/eiMNoIZB/SmoothedRepulse_.html

Regards,
Paul.

March 2, 2011

James Woolley @ 8:18 pm:

I should also add that you can access this indicator through IG Index if you have an account there, and one or two other spread betting companies who use the ProRealTime platform.

March 6, 2011

Uzendu Anthony @ 1:29 pm:

Please how can we get a copy of the Smoothed Repulse Indicator? From what I have read so far it may turn out to be the missing link between success and failure.

August 11, 2011

B P SINHA @ 6:00 pm:

Sir,

Thanks for sending " 4 hours Trading Strategy" it is really working and I am getting confident while trading. Could you please allow me to down load "Smoothed Repulse (5) for my Metatrader 4. Please give me link to download on my computer.
with warm regards,
B P Sinha
India

October 12, 2011

Ebrahimm @ 2:11 pm:

pls send me the link of smoothed Repuls

with regards
Ebrahim

June 17, 2012

Old Mazi @ 2:37 pm:

Hello to every-one glad to feel like I never have to walk alone since they is people I can get assistance from, I thought I should share this link with you all. I was able to download like 50+ diffrent types off indicators for MT4, feel free to check it out http://www.forexmetatraderindicators.com/top-10-forex-indicators/ just make sure you have WINRAR so you can open the folder after downloading

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