Technical Indicators for MetaTrader 5
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MetaTrader 5
Top Rated Products MT5
Overview
Speed indicator.
Determines the speed of price movement.
An indispensable tool for scalpers.
Thanks to its high-speed qualities, we now have the opportunity to assess the current situation in the market and manage to enter a deal at the exact time.
This indicator can be used absolutely on any timeframe, on any trading instrument and on absolutely any securities market.
They can determine the rate of price movement for a specific period. Its settings also include an additional filter that determines the number of working days per week.
All this gives us traders a flexible approach to a completely dynamic market and receive adequate analysis, increasing the likelihood of profitable trades.
In the right hands, this tool becomes a real tool without which it is difficult to do in our high-tech time.
Key indicators:
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SPEED UP - price growth rate in points
maximum - maximum growth rate
medium - average growth rate
minimum - minimum growth rate
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SPEED DOWN - the rate of price fall in points
maximum - maximum falling speed
medium - average falling speed
minimum - minimum falling speed
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current UP - current rate of price growth in points
current DOWN - the current rate of price fall in points
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The speed is determined by the distance traveled by the price bar for a certain time ("points per second", "points per minute", "points per hour", "points per day", "points per week", "points per month").
