Speed of price change over time?
I had similar idea ... especially when I saw that Alpari broker is freezing the price before great move so ... there is Speedometer indicator for that (in elite section). But it is just a recorded the speed on the chart and it is difficult to trade uisng it. The best way is Momentum anyway - check qq EA from here https://www.mql5.com/en/forum/173213
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Hello
I have been trying to find a way to determine the speed at which price changes over a time frame.
e.g. so if price changes 100 points up in 6min and then down 150points in 3 min that to me is a good indication that there are more sellers of a currency than buyers so price would tend to go down
Has anyone done this or looked into this at all.
Cheers
Beno