Speed indicator

par shah 2021.01.30 12:30

hello all ,

i am looking for an indicator which shows rising and falling speed of the 5 minute candles (or any timeframe) per unit of time

for example if we have 5 strong bullish candles in 1 minute chart one after the other , then we see a higher value for histogram of 5 minute candle

for metatrader 4

any help would be appreciated

thanks

William Roeder 2021.01.30 15:25 #1

The sum of your five M1 candles equals the body of the M5. No indicator required.

par shah 2021.01.30 17:05 #2

William Roeder:
The sum of your five M1 candles equals the body of the M5. No indicator required.

i know but i need something to measure the speed of those five candles (How much fast they rise/fall per unit of time)

according to a definition: speed is the distance covered per unit of time

the distance can be the 5 min body ...

Any rookie question, so [ARCHIVE] FOREX - Trends, Impulse

amando 2021.01.30 17:21 #3

par shah:

i know but i need something to measure the speed of those five candles (How much fast they rise/fall per unit of time)

according to a definition: speed is the distance covered per unit of time

the distance can be the 5 min body ...

Look in the freelance section