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Published:

2016.11.03 14:33

normalized_velocity.mq5 (9.24 KB) view

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This is a normalized velocity. By default it is using a gradient coloring.

To turn the gradient coloring off, set the color steps to to less than 2. To set it show the colors on slope change, set the color steps to 2 and all the above is going to be drawn in different shades of gradient calculated colors.

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Normalized Velocity - indicator for MetaTrader 5