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IceFX VelocityMeter Mini for MT5

30 USD

Demo downloaded: 275

Published: 11 February 2016

Current version: 1.10

IceFX VelocityMeter Mini for MT5

Indicators
Norbert Mereg
Norbert Mereg
Hungary

33002
4.7 (119)
- https://darkmoonfx.com/
At Darkmoon FX you will find many useful tools developed mainly to semi automatic trading. These tools support advanced/pro forex traders with highl level of trading execution and the total control of the trades. None of these tools are the ultimate or the best solutions for everybody, but rather it

10 products
Version: 1.10
Updated: 31 May 2017
Activations: 10

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)

more...

Screenshot #1 IceFX VelocityMeter Mini for MT5

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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

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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

30 USD

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IceFX VelocityMeter Mini for MT5

Norbert Mereg

Parameters

Global variables