Stochastic Speed mt
- Indicators
- DMITRII GRIDASOV
- Version: 1.5
- Activations: 10
Forex Indicator "Stochastic Speed" for MT4 - great predictive tool!
- The calculation of this indicator is based on equations from physics. Stochastic Speed is the 1st derivative of Stochastic itself
- Stochastic Speed is great for scalping entries when stochastic is in Oversold/Overbought zone and Speed is making rebound hook (see pictures)
- It is recommended to use Stochastic Speed indicator for momentum trading strategies:
- If Stochastic Speed is above 0 - this is positive speed: price momentum goes up
- If Stochastic Speed is below 0 - this is negative speed: price momentum goes down
- Stochastic Speed indicator shows how fast Stochastic itself changes its direction - it is very sensitive
- Indicator has built-in Mobile and PC alerts
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