The Buy/Sell signals of the indicator are based on crossover of two Moving Averages (MA) with different periods.
The indicator has the following features:
1. Filter, based on RSI (Relative Strength Index) indicator.
2. Movement confirmation filter.
3. Flat movement filter.
The checks are based on the 1st bar (completed).
Translated from Russian by MetaQuotes Software Corp.
Original code: https://www.mql5.com/ru/code/10333
Velocity = High-Low / Time. Time is changeable to minutes, hours, or days. Seconds is the default. In physics, Velocity = distance / time.Currency Pairs Correlation
This indicator is developed to show the average movement of any 2 correlated currency pairs of the same TF.
Indicator for scalping trading - Chanel scalper M1-M15After open a trade, take a screen shot and send email to you.
After open a trade, take a screen shot and send email to you