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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XP Moving Average – Your All-in-One Trading Powerhouse Master the markets with XP Moving Average , the ultimate moving average indicator for MetaTrader 4. Whether you’re scalping , swing trading , or investing long-term , this versatile tool combines 9 advanced moving averages in one—enhanced with a modern graphical dashboard and real-time alerts . With AI-powered insights coming soon , XP Moving Average is your key to smarter, more profitable trades . Why Choose XP Moving Average? 9-in-1
The Stochastic Dashboard is multi currencies and multi timeframes dashboards. It shows the Stochastic direction for the chosen pairs/timeframes. For the Stochastic lovers and manual trader this indicator is a most indicator which can be used to determine the market direction for the pair(s) you are trading. Set it to one chart only and monitor from one place all the charts you want.
The UNIVERSAL DASHBOARD indicator will eliminate the need of using dozens of indicators on dozens of charts. From one place you can monitor all the pairs and all the timeframes for each of the following indicators: MACD STOCHASTIC WPR RSI CCI You can also use any Custom indicator in the dashboard as long as it has a readable buffer. With a single click you can quickly navigate between charts, pairs and timeframes. Alerts will provide clear indication about what happens for your favorite pairs on
FVG - Fair Value Gap The FVG - Fair Value Gap is an advanced MQL4 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 identifies
Simplify Your Trading with the MACD Dashboard Are you tired of juggling multiple MetaTrader charts to monitor MACD across different timeframes and symbols? The MACD Dashboard is the solution you've been waiting for. This innovative MetaTrader indicator provides a centralized view of MACD signals on multiple charts, making it easier than ever to identify trading opportunities and manage your risk. Key Features: Multi-Timeframe Monitoring: Track MACD signals on multiple timeframes simultaneousl
Engulfing Zones: Your Edge in Price Action Trading Description The Engulfing Zones indicator is a sophisticated, non-repainting tool designed to automatically detect, highlight, and track the most significant Engulfing Candle Patterns (EG) and, crucially, Engulfing Failures (EF) on your chart. Developed by Coders Guru (XPWORX), this indicator goes beyond simple pattern recognition by drawing persistent, dynamic support and resistance zones based on these high-probability candlestick events
XP Moving Average MT5 – Your All-in-One Trading Powerhouse Master the markets with XP Moving Average MT5 , the ultimate moving average indicator for MetaTrader 5. Whether you’re scalping , swing trading , or investing long-term , this versatile tool combines 9 advanced moving averages in one—enhanced with a modern graphical dashboard and real-time alerts . With AI-powered insights coming soon , XP Moving Average is your key to smarter, more profitable trades . Why Choose XP Moving Average?
XP Speed Meter MT5: Measure True Market Momentum Description The   XP Speed Meter MT5  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 tim
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: Your Edge in Price Action Trading Description The   Engulfing Zones MT5   indicator is a sophisticated, non-repainting tool designed to automatically detect, highlight, and track the most significant   Engulfing Candle Patterns (EG)   and, crucially,   Engulfing Failures (EF)   on your chart. Developed by Coders Guru (XPWORX), this indicator goes beyond simple pattern recognition by drawing persistent, dynamic   support and resistance zones   based on these high-probab
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