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=n1​∑i=1n​vi​, 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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TREND CATCHER INDICATOR Trend Catcher Indicator analyzes market price movements, using a combination of the author’s proprietary and customized adaptive trend-analysis indicators.  It identifies the true market direction by filtering out short-term noise and focusing on underlying momentum strength, volatility expansion, and price structure behavior.  It also uses a combination of smoothing and trend-filtering customized indicators such as moving averages, RSI, and volatility filters.   Real ope
The Oracle Pro
Ottaviano De Cicco
5 (1)
Indicators
The Oracle Pro: Synthetic Multi-Timeframe Bias Engine for MT5 ️ Summer Launch Offer — Get The Oracle Pro for USD 199 (early buyers). Price rises with traction; final price USD 399. The Oracle Pro is a premium multi-timeframe bias engine for MetaTrader 5, built for demanding and professional traders. It answers one question with discipline: what is the directional bias on each timeframe right now, how strong is it, and how much do the timeframes agree? Everything is computed on closed bars only
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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
Order Block Indicator for MetaTrader 5
Joao Luiz Savioli Filho
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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
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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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