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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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Was: $249  Now: $99   Market Profile defines a number of day types that can help the trader to determine market behaviour. A key feature is the Value Area, representing the range of price action where 70% of trading took place. Understanding the Value Area can give traders valuable insight into market direction and establish the higher odds trade. It is an excellent addition to any system you may be using. Inspired by Jim Dalton’s book “Mind Over Markets”, this indicator is designed to suit the
Indicator Combine Merge MT5 by RunwiseFX
Runwise Limited
5 (1)
Indicators
Allows multiple indicators to be combined into a single indicator, both visually and in terms of an alert. Indicators can include standard indicators, e.g. RSI, CCI, etc., and also Custom Indicators, even those purchased through Market, or where just have the ex4 file. An early alert is provided, say when 4 out 5 indicators have lined up, and a confirmed alert when all are in agreement. A‌lso features a statistics panel reporting the success of the combined indicator by examining the current cha
Gold Pointer MT5
Sergei Linskii
Indicators
Gold Pointer  - is the best trend indicator. The indicator's unique algorithm analyzes the movement of the asset's price, taking into account the factors of technical and mathematical analysis, determines the most profitable entry points and generates a signal to open BUY or SELL order. The best indicator signals: For SELL = red trend line + red TF indicator + yellow signal arrow in the same direction. For BUY = blue trend line + blue TF indicator + aqua signal arrow in the same direction. B
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Tick Recorder MT5
Joao Luiz Savioli Filho
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The Real Ticks Recording Indicator for MetaTrader 5 backtesting is a powerful tool designed to enable traders to simulate their trading strategies with utmost accuracy and realism. This indicator captures and stores real market ticks, allowing you to replay past market conditions with extreme fidelity, thereby enhancing the precision and reliability of strategy tests. Key Features: Real-Time Tick Capture: The indicator records each market price movement in real-time, ensuring an accurate represe
Visual Book for MT5
Joao Luiz Savioli Filho
Utilities
This MetaTrader 5 (MT5) indicator script is designed to create a visual book representation of the market order book, displaying buy and sell orders directly on the chart. The indicator uses the following features: Customizable Width and Colors : The width of the visual book can be adjusted, and different colors can be set for buy and sell orders. Market Book Data Handling : It retrieves the current market order book data for the symbol and visualizes this data as rectangles overlaid on the char
Order Block Indicator for MetaTrader 5
Joao Luiz Savioli Filho
Indicators
The "Order Block Indicator for MetaTrader 5" is an advanced trading tool designed to help traders identify key order block zones in the financial markets. Order blocks are areas of institutional buying and selling, often marking significant price levels where market reversals or continuations are likely to occur. This indicator provides a visual representation of these zones directly on the chart, enabling traders to make more informed trading decisions. Key Features: Accurate Order Block Identi
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