Threshold Arrow MA Speed is the important complement tool used to identify new trends in price. The heart of this tool is based in the MA Speed indicator https://www.mql5.com/en/market/product/7752 . This indicator defines with arrows in the main chart when the MA Speed indicator has crossed an specified threshold value, THUS defining a new trending behavior (upward or downward).
Input Parameters The input parameters are the same as in MA Speed indicator with the addition of two more threshold
Smooth Fractal Average expands criteria of defining a support or a resistance level based on Moving Averages (EMA, SMA, SSMA, LWMA) for the high price and the low price. When an increasing moving average of the high price changes towards down then immediately a resistance level is defined. Similarly for a moving average of the low price, the support levels are established when the low price moving average pretends to increase. Therefore, after a change of slope in the MA of the high/low price a
MA Speed The rate of change, slope, speed or velocity (meaning the same) of any Moving Average (SMA, EMA, SSMA, LWMA) helps to define new raising trends. It is not a rocket science. For instance, a simple increase of Speed =[MA(i)-MA(i-1)]/1 of your Moving Average defines a price gaining strength to reach higher values. Or oppositely, a negative speed indicates the price with strength for going to lower values. MA Speed computes this rate of change of your Moving Average of choice (SMA, EMA, SSM