Speed Meter

🚀 XP Speed Meter MT4: Measure True Market Momentum 📈

Description

The XP Speed Meter MT4 is a unique and powerful custom indicator designed to reveal the true speed and momentum of price movement. Unlike standard indicators that rely on chart-bar closing prices, the Speed Meter dynamically calculates the volume of bullish and bearish ticks, and the resulting price movement, over a specific, user-defined time period.

This innovative approach allows you to cut through the noise of standard timeframes (like M5, H1, etc.) and focus on the raw velocity of the market, giving you a critical edge in identifying explosive moves before they happen.

Key Features & Trading Benefits

Custom Time-Based Volatility

  • Define Your Own Bar: Set the indicator to measure speed over a specific period in Seconds, Minutes, or Hours .

  • Raw Momentum Display: The indicator plots a histogram (Speed buffer ) that represents the velocity of price movement within your custom period.

  • Tick Analysis: Tracks the total number of Ticks Up and Ticks Down within the measurement period, providing a clear view of micro-momentum shifts.

Actionable Momentum Alerts

  • Points-Based Alert System: Calculate the total price movement (Points ) within the custom period.

  • Explosive Move Notifications: Instantly receive alerts when the measured price movement (in points) exceeds a customizable threshold (Alert Points ), signaling a significant breakout or surge in momentum.

  • Directional Alerts: Alerts clearly distinguish between strong Buy momentum (+AlertPoints) and strong Sell momentum (−AlertPoints) .

Comprehensive Alert Options

Never miss a high-speed opportunity with multi-channel alerts:

  • Pop-up Alerts (Visual on platform)

  • Mobile Notifications (Push to your MQL5 app)

  • Email Notifications (For monitoring away from the screen)

Clean & Customizable Display

  • Separate Window: Runs in its own sub-window, keeping your main chart clean .

  • Control History: Set the Max Bars to limit the indicator's calculation and display history.

  • Bar Synchronization: Option to Wait New Bar to ensure calculations align with the main chart's new bar opening.

Perfect For

  • Breakout Traders: Identify the exact moment momentum surges to confirm a breakout.

  • Scalpers and Day Traders: Pinpoint high-velocity moves that lead to quick profits.

  • Volatility-Focused Traders: Gauge market acceleration and deceleration with unprecedented precision.

Technical Details

  • Platform: MetaTrader 4 (MT4)

  • Version: 1.1

  • Developer: Coders Guru (XPWORX.COM)

  • Indicator Name: XP Speed Meter

⚡ Gain an unfair advantage by trading with speed! Get the XP Speed Meter MT4 and quantify true market momentum!


You can download a demo version (works only with EURUSD) from here:

https://www.mql5.com/en/blogs/post/753147


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Linear Trend Predictor - A trend indicator that combines entry points and direction support lines. It works on the principle of breaking through the High/Low price channel. The indicator algorithm filters market noise, takes into account volatility and market dynamics. Indicator capabilities Using smoothing methods, it shows the market trend and entry points for opening BUY or SELL orders. Suitable for determining short-term and long-term market movements by analyzing charts on any timeframes.
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Paulo Rocha
5 (4)
Indicators
Gold Channel is a volatility-based indicator, developed with a specific timing algorithm for the XAUUSD pair, which consists of finding possible corrections in the market. This indicator shows two outer lines, an inner line (retracement line) and an arrow sign, where the theory of the channel is to help identify overbought and oversold conditions in the market. The market price will generally fall between the boundaries of the channel. If prices touch or move outside the channel it is a tradi
Cycle Sniper
Elmira Memish
4.39 (36)
Indicators
Please contact us after your purchase and we will send you the complimentary indicators to complete the system Cycle Sniper is not a holy grail but when you use it in a system which is explained in the videos, you will feel the difference. If you are not willing to focus on the charts designed with Cycle Sniper and other free tools we provide, we recommend not buying this indicator. We recommend watching the videos about the indiactor and system before purchasing. Videos, settings  and descri
M1 Arrow
Oleg Rodin
4.81 (21)
Indicators
M1 Arrow is an indicator which is based on natural trading principles of the market which include volatility and volume analysis. The indicator can be used with any time frame and forex pair. One easy to use parameter in the indicator will allow you to adapt the signals to any forex pair and time frame you want to trade. Besides the main algorithm which is based on buy and sell signals, the indicator also has multiple built-in extra strategies which you can choose in the inputs. These strategies
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PZ TRADING SLU
4.8 (5)
Indicators
Capture every opportunity: your go-to indicator for profitable trend trading Trend Trading is an indicator designed to profit as much as possible from trends taking place in the market, by timing pullbacks and breakouts. It finds trading opportunities by analyzing what the price is doing during established trends. [ Installation Guide | Update Guide | Troubleshooting | FAQ | All Products ] Trade financial markets with confidence and efficiency Profit from established trends without getting whips
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FVG - Fair Value Gap The FVG - Fair Value Gap is an advanced MQL5 indicator designed for traders who utilize institutional order flow and Smart Money Concepts to identify market inefficiencies. This indicator automatically detects and highlights Fair Value Gaps (FVGs) on your chart, providing a clear visual representation of potential support and resistance zones, reversal points, and high-probability trading setups. Key Features: Automated FVG Detection:   The indicator automatically identifie
Engulfing Zones MT5
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