Download MetaTrader 5

Watch how to download trading robots for free

Interesting script?
So post a link to it -
let others appraise it

You liked the script? Try it in the MetaTrader 5 terminal

2013.02.19 18:03
Indicators

Average Speed - indicator for MetaTrader 5

| English Русский 中文 Español Deutsch 日本語 Português

Views:
7961
Rating:
votes: 23

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)

Equation:
                    
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 n is days, a is speed and AM is output of indicator buffer calculated in point/minute.


GBPUSD 1H

Accelerator Oscillator (AC) Accelerator Oscillator (AC)

The Acceleration/Deceleration Indicator (AC) measures acceleration and deceleration of the current driving force.

Average Directional Movement Index (ADX) Average Directional Movement Index (ADX)

The Average Directional Movement Index Indicator (ADX) helps to determine if there is a price trend.

Holt's double exponential smoothing (mt4 version) Holt's double exponential smoothing (mt4 version)

Holt's double exponential smoothing with linear forecasting.

TimeToNextCandle TimeToNextCandle

This indicator shows how much time remaining to the next bar opening.