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Repulse OB/OS Z-Score
Repulse OB/OS Z-Score (v6) is an advanced oscillator that measures market momentum and potential exhaustion zones using the Repulse algorithm. The indicator applies double smoothing (customizable EMA) to highlight bullish and bearish power, and automatically marks overbought (+100), oversold (–100), and neutral (0) regions.
The core feature is a custom Z-Score mapping of the Repulse oscillator:
– Z-Score quantifies where Repulse stands between strong bullish and bearish extremes (from +3 to –3), interpolating smoothly between levels (e.g., 0, ±1, ±2, ±3) for easier interpretation of market state.
– The colored Repulse line visually confirms current direction and momentum shifts.
Customize the Repulse period and smoothing multiplier for your timeframe or asset.
Usage:
Look for Z-Score readings near ±2 or ±3 for strong overbought/oversold signals.
Watch for reversals as the Z-Score crosses 0 or leaves extreme regions.
Combine with price action or other indicators for best results.
The core feature is a custom Z-Score mapping of the Repulse oscillator:
– Z-Score quantifies where Repulse stands between strong bullish and bearish extremes (from +3 to –3), interpolating smoothly between levels (e.g., 0, ±1, ±2, ±3) for easier interpretation of market state.
– The colored Repulse line visually confirms current direction and momentum shifts.
Customize the Repulse period and smoothing multiplier for your timeframe or asset.
Usage:
Look for Z-Score readings near ±2 or ±3 for strong overbought/oversold signals.
Watch for reversals as the Z-Score crosses 0 or leaves extreme regions.
Combine with price action or other indicators for best results.
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這些資訊和出版物並不意味著也不構成TradingView提供或認可的金融、投資、交易或其他類型的意見或建議。請在使用條款閱讀更多資訊。