Speed Indicator for MT5

This MQL5 Speed Indicator script calculates the average speed of price movements for a selected financial instrument over a specified period. It uses the arithmetic mean to determine the average speed, which is computed by dividing the distance (change in price) by the time interval. The indicator then displays this value as a histogram in a separate window.

  • Average Speed Calculation:

    • The speed is calculated using the formula v = d t v = \frac{d}{t} v=td, where d d d is the price difference between consecutive periods, and t t t is the time frame in minutes.
    • The average speed is calculated using the arithmetic mean formula A = 1 n ∑ i = 1 n v i A = \frac{1}{n} \sum_{i=1}^{n} v_i A=n1i=1nvi, where n n n is the number of periods.
    • The speed is expressed in points per minute.
  • Input Parameters:

    • n : Number of periods used in the calculation.
    • price : The price type used for calculation (e.g., close, high, low).
  • Buffers:

    • OutputBuffer[] : Stores the calculated average speed values to be displayed on the chart.


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This MetaTrader 5 (MT5) indicator script is designed to create a visual book representation of the market order book, displaying buy and sell orders directly on the chart. The indicator uses the following features: Customizable Width and Colors : The width of the visual book can be adjusted, and different colors can be set for buy and sell orders. Market Book Data Handling : It retrieves the current market order book data for the symbol and visualizes this data as rectangles overlaid on the char
The "Order Block Indicator for MetaTrader 5" is an advanced trading tool designed to help traders identify key order block zones in the financial markets. Order blocks are areas of institutional buying and selling, often marking significant price levels where market reversals or continuations are likely to occur. This indicator provides a visual representation of these zones directly on the chart, enabling traders to make more informed trading decisions. Key Features: Accurate Order Block Identi
Smart Fair Value Gap Pro
Joao Luiz Savioli Filho
Unlock the power of Smart Money Concepts (SMC) with the cleanest FVG indicator on the market. Smart FVG Pro is not just another gap detector. It is designed for professional traders who need to filter out noise and focus on high-probability reversal zones. Unlike standard indicators that clutter your chart with every minor gap, Smart FVG Pro uses advanced filtering logic (Trend + Volatility) and a unique "Smart Mitigation" system to automatically remove invalidated zones, keeping your chart clea
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