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- 13585
- Rating:
- votes: 30
- Published:
- 2013.02.19 18:03
- Updated:
- 2013.02.25 09:25

The indicator's output is calculated base on mathematical approach.

Calculate Price Speed:

Galileo defined speed as the distance covered per unit of time. (http://en.wikipedia.org/wiki/Speed)

where v is speed, d is distance and t is time. In this indicator we will define d as distance between price series and t is in minute. We use minute instead of second because second is to fast while sometime we found no price movement for minutes. This could be annoying for some peoples.

**Calculate Average Speed of Price:**

Indicator calculate Average Speed using Arithmetical Mean. (http://en.wikipedia.org/wiki/Average, http://en.wikipedia.org/wiki/Arithmetical_mean)

Equation:

If *n* numbers are given, each number denoted by *ai*, where *i* = 1, ..., *n*, the arithmetic mean is the [sum] of the *ai's* divided by *n* or

in this indicator

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The Moving Average drawn on the basis of Gauss algorithm

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The trend indicator drawn on the basis of a comparison of six levels of simple Moving Averages with High and Low of the current candlestick

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