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Indicators

EES Velocity - indicator for MetaTrader 4

Views:
18676
Rating:
(6)
Published:
2011.06.07 08:16
Updated:
2014.04.21 14:55
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Description:

Velocity = High-Low / Time. Time is changeable to minutes, hours, or days. Seconds is the default. In physics, Velocity = distance / time.

Velocity can be a good indication of price action divided by time, differing from indicators such as ATR and Volatility indicators that do not include time.

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