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LinearVelocity Indicator Velocity is Distance/Time where Distance is Close-Open basicly. Linear velocity; calculated with tick volume*Velocity in smoothed way. Red line shows LinearVelocity based of zero level in that way. And Magenta line is Moving avrages of LinearVelocity. Final Indicator helps you detecting trend in different timeframes. Default input parameters for M5 timeframe, and you can change them for different timeframes and different pairs. I wish you good profits
This indicator analyzes the ranges in the selected LookBack Bars and shows the relative strength of the price movement with the Level percentage you set. The blue line indicates that the current price movement is strong, and the yellow line indicates that we are in a flat price movement. The blue line does not determine whether the price action is up or down, it just shows relative strength. Therefore, as seen in the picture, direction can be determined with a simple zigzag indicator on the main
The parabolic SAR indicator, developed by J. Wells Wilder, is used by traders to determine trend direction and potential reversals in price. The indicator uses a trailing stop and reverse method called "SAR," or stop and reverse, to identify suitable exit and entry points. Traders also refer to the indicator as the parabolic stop and reverse, parabolic SAR, or PSAR. The parabolic SAR indicator appears on a chart as a series of dots, either above or below an asset's price, depending
