IceFX VelocityMeter Mini for MT5

IceFX VelocityMeter Mini is a very unique indicator on MetaTrader 4 platform which measures the speed of the Forex market. It is not a normal volume or other measurement indicator because IceFX VelocityMeter Mini is capable to understand market speed movements which are hidden in ticks and those valuable information cannot be read in an ordinary way from the candles.

The software monitors the received ticks (frequency, magnitude of change) within a specified time range, analyzes these info and defines, displays and records a reference value which is typical of the actual market velocity rate. Market speed value is changing with every tick, so this professional tool has the ability to respond quickly to any changes.

This IceFX VelocityMeter Mini indicator is a "minimized" version of the original IceFX VelocityMeter indicator. It draws the last 50 speed values on a mini tick chart, too. It shows the current speed, current speed direction, average speed and maximum speed.


Parameters

  • SpeedMediumLevel - level of medium speed
  • SpeedHighLevel - level of high speed
  • Correction - correction of calculation (recommended value is 20)
  • Corner - chart corner of panel
  • CornerOffsetX - horizontal offset from the corner
  • CornerOffsetY - vertical offset from the corner

The indicator sets global variables with the current speed, current speed direction and average speed values, so you can use these values in your Expert Advisors.


Global variables

  • SPEED_<SYMBOL>_<PERIOD>_CURR - current value of speed (e.g: SPEED_EURUSD_15_CURR)
  • SPEED_<SYMBOL>_<PERIOD>_DIR - current value of speed direction (e.g: SPEED_EURUSD_15_DIR)
  • SPEED_<SYMBOL>_<PERIOD>_AVG - average value of speed (e.g: SPEED_EURUSD_15_AVG)
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Norbert Mereg
4 (1)
This is a unique tick chart indicator for MetaTrader 4 platform. The software is capable to graphically display the last 100 ticks and in addition to that it displays the current spread, bid / ask and time values ​​in an elegant IceFX style dashboard. The indicator is an efficient tool for traders using M5 or even M1 timeframe. Indicator parameters: Corner - corner of panel CornerXOffset - horizontal offset from the corner CornerYOffset - vertical offset from the corner ChartType - type of char
FREE
IceFX HeatMap
Norbert Mereg
3.25 (4)
IceFX Heatmap is a special indicator that shows the places where the price has been staying and ranging over the past few days. These sites will be displayed in a "Heatmap style", with which you can clearly see the main formed bands. The main rates (where the price has "lingered/stayed" much) are indicated in bright colors (in case of black-and-white view) or red color (in case of color view). Settings Days - the number of days the heat(map) is calculated for. Resolution - resolution rate. 10 =
FREE
IceFX VelocityMeter Mini is a very unique indicator on MetaTrader 4 platform which measures the speed of the Forex market . It is not a normal volume or other measurement indicator because IceFX VelocityMeter Mini is capable to understand market speed movements which are hidden in ticks and those valuable information cannot be read in an ordinary way from the candles. The software monitors the received ticks (frequency, magnitude of change) within a specified time range, analyzes these info and
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