Experts: Average Pip Movement based on Tick And Seconds

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Average Pip Movement based on Tick And Seconds:

This Expert Advisor (EA) analyzes market movement by calculating the average pip movement per tick and the average spread over a user-defined number of ticks (MAX_TICKS). It also evaluates the average pip movement and spread over a specified time interval (CHECK_SECONDS). The EA dynamically tracks price changes and spread values, printing the results in the terminal and displaying them on the chart using the Comment() function. This helps traders gauge market volatility and spread fluctuations in real time.

Author: Rajeev Ranjan Sharma

 
beki
 
It's a nice tool. With a sound alert, one can use it to detect high real-time market movements and use it as a filter for HFT apps or systems that do better during high-volatility periods.
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