Transaction Speed
- Indicators
- Ivan Stefanov
- Version: 1.0
- Activations: 5
The transaction speed is a new concept indicator that shows where and when large orders accumulates on the market and benefits of this. It detects trend changes at very early stage. In Forex, volume is misleadingly called volume. Actually, it is price change per time, hence the correct name is transaction speed . It's all about the way we think, act and analyze. The change of the paradigma is of paramount importance. This indicator completely revises the idea of volume in Forex defining it logically in the right way and applying this logic becomes a unique and precise tool. When the speed increases it is a sign of greater interest and corresponding entry and exit.
How to use it:
Since the indicator measures market activity the first thing to do is choose a time period for which to make these comparisons. Usually 15/20 days back is a good starting point for comparison. Enter a date in indicator and run it. On a 30 min or 1 hour timeframe the speed cycles are best seen. However you can use other timeframes more or less detailed.
The cycles themselves can move in a downtrend or an uptrend.
we are at the new trend point where we can open our position. This is where the big money is coming into the market.
We have two options for trending:
- Increased market activity, accumulation of orders before the start of the trend and closing them before the end of the trend. During the trend, there is no higher activity than the initial one. This can be defined as a fading trend.
- Increased market activity, accumulating positions before the start of the trend but also during the trend with unabated strength. We define this as an active trend.
In both cases it is a trend in market activity.
In case 1: bearish activity
In case 2: bullish activity
But in both cases the trend may be unidirectional. Market activity does not determine the trend. It may determine the phase the market is in. Interesting moments are when market activity changes. I have marked them as turn zones. These are the money trails. And all this cannot be seen with the naked eye because we have tick volume, which is the biggest fallacy. That's what this transaction speed indicator is for, which converts tick volume into market activity, which can be trending or not. Accordingly, market activity analysis is not like tick volume. This is a very serious tool designed for advanced analysis needs.
Recommendations:
- Currency pair: All pairs, all markets
- Timeframe: All timeframes
- Minimum deposit : No minimum deposit
- Account type: No limitations
- Brokers : No limitations
