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Speed Indicator for MT5

This MQL5 Speed Indicator script calculates the average speed of price movements for a selected financial instrument over a specified period. It uses the arithmetic mean to determine the average speed, which is computed by dividing the distance (change in price) by the time interval. The indicator then displays this value as a histogram in a separate window.

  • Average Speed Calculation:

    • The speed is calculated using the formula v = d t v = \frac{d}{t} v=td​, where d d d is the price difference between consecutive periods, and t t t is the time frame in minutes.
    • The average speed is calculated using the arithmetic mean formula A = 1 n ∑ i = 1 n v i A = \frac{1}{n} \sum_{i=1}^{n} v_i A=n1​∑i=1n​vi​, where n n n is the number of periods.
    • The speed is expressed in points per minute.

  • Input Parameters:

    • n : Number of periods used in the calculation.
    • price : The price type used for calculation (e.g., close, high, low).

  • Buffers:

    • OutputBuffer[] : Stores the calculated average speed values to be displayed on the chart.


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Introducing   Volume Orderflow Profile , a versatile tool designed to help traders visualize and understand the dynamics of buying and selling pressure within a specified lookback period. Perfect for those looking to gain deeper insights into volume-based market behavior! MT4 Version -  https://www.mql5.com/en/market/product/122656/ The indicator gathers data on high and low prices, along with buy and sell volumes, over a user-defined period. It calculates the maximum and minimum prices during t
TW Trend Sniper
Altan Karakaya
Indicators
Introducing the   "TW trend sniper"   Indicator, a powerful indicator that is used to identify the main trends by using the   "Trade Wizards"   exclusive indicator formula along with the use of price action, the detection of currency trading sessions, Fibonacci and detection functions and artificial intelligence noise removal methods with high accuracy. this strategy designed by the   "Trade Wizards group"   consisting of Experienced traders and expert programmers are now available to traders t
Volume Break Oscillator
Roberto Bonati
Indicators
Volume Break Oscillator is an indicator that matches price movement with volume trends in the form of an oscillator. I wanted to integrate volume analysis into my strategies but I have always been disappointed by most volume indicators, such as OBV, Money Flow Index, A/D but also as Volume Weighted Macd and many others. I therefore wrote this indicator for myself, I am satisfied with how useful it is, and therefore I decided to publish it on the market. Main features: It highlights the phases i
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