Repulse OB/OS Z-Score (v2)

This indicator is based on the original Repulse, developed by Eric Lefort — a professional trader and author from France. The Repulse is designed to gauge and display bullish and bearish pressure in the market, offering a unique lens on trend momentum and crowd behavior.

In this version, a Z-Scoring method has been added. By standardizing the Repulse values into Z-Scores, the indicator provides a clearer statistical interpretation of pressure extremes:

Positive Z-Scores highlight favorable conditions that can align with buying or accumulation zones.

Negative Z-Scores highlight conditions that often align with selling pressure or distribution zones.

This statistical framework transforms the Repulse into a more versatile tool — making it easier to detect when market pressure is stretched, mean-reverting, or entering potential reversal zones.

⚠️ As always, this indicator should not be used in isolation. It works best when combined with other forms of analysis or as part of a broader trading strategy.