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Panic Meter

The indicator measures the frequency of incoming ticks to analyze the market activity. Bullish and bearish ticks are analyzed separately, informing about the currently predominant market sentiment. According to observations, an increase in the frequency of ticks (panic) indicates the beginning of strong price changes, and an increase in the frequency of ticks in a particular direction not only accompanies a price change in this direction, but also often anticipates it.

The indicator is indispensable for scalping.

Distinctive features

  • Greater sensitivity of the indicator and a small delay. When analyzing ticks, knowing that activity had increased five minutes ago is equivalent to not knowing.
  • Display as a step chart, which allows seeing the history of frequency changes.
  • Display of the average frequency for the previous periods, which increase in informativeness of the chart.
  • Separate display of ascending and descending tick frequencies.

Appearance and use

The chart recalculates the indication values once a second. All indicator values are expressed in 1/min.

The indicator interface consists of the following elements (see Fig. 0):

  1. The current value of incoming ticks frequency is displayed on the right of the frequency chart.
  2. The main frequency chart. It visualizes the last ten values of ticks frequency. When the current frequency exceeds the average (see below), which signifies an active market, the chart border becomes green.
  3. The average frequency value of the current period is displayed on the left of the chart and as a gray horizontal level on the chart. It is calculated as the average frequency of ticks for the current 30 minutes over the last 10 days.
  4. The upper limit of the chart scale is displayed in the upper left corner. The charts of all three frequencies have the same vertical scale. Although the frequency values of bullish and bearish ticks are calculated according to a slightly different formula, this value facilitates visual orientation.
  5. The indicator of ascending (bullish) ticks frequency is the left (blue) chart, the numerical value is located to the left of it. The calculation formula involves not only the number of ticks and time, but also the price. Therefore, it would be more correct to call it the frequency of positive price changes in points. If there are significantly more ascending ticks than descending ones (which indicates a strong "bullish" sentiment at the moment), the border becomes blue.
  6. The frequency indicator for the descending (bearish) ticks is the right (red) chart. Behavior and calculation are similar to item 5.

Input parameters

The indicator does not use input parameters and does not require configuration.

Launching the indicator

Drag the indicator to the desired chart. At startup, the indicator is displayed in the upper left corner, but you can double-click it and move it to the desired location. The indicator needs to receive 15 ticks before it can be visualized (the number of ticks remaining before the start is displayed in the header).

Attention! Due to technical limitations, the indicator can not be tested in the visual tester. Please, use the limited version for evaluation.
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Nome:  Gekko MACD Plus Tipo:  Osciladores Descrição: Este é o indicador MACD customizado da Gekko Trading, a versão customizada do famoso MACD. Use o MACD tradicional mas com a vantagem de configurar diferentes tipos de sinal de entrada e várias formas de ser alertado todas vez que houver um possível ponto de entrada ou saída do mercado. Parâmetros de Entrada: Fast MA Period:  Período da Média Móvel Rápida do MACD (padrão 12); Slow MA Period:  Período da Média Móvel Lenta do MACD (padrão 26); Si
30 USD
Risk Reward Ratio
This is the forex visual orders tool & forex position size (lot) calculator with intuitive panel. Risk Reward Ratio Indicator works on all kind of symbols: currency pairs, indices, metals, commodities, cryptocurrencies, etc.   If you want to make sure that Risk Reward Ratio Indicator works on your favorite symbols contact us and ask for 7-day free trial to test this tool without limits. If you want to place orders easier, faster and more intuitive? If you like to mark trade entry and exit p
30 USD
Excessive Momentum Indicator MT5
Young Ho Seo
Introduction Excessive Momentum Indicator is the first indicator to measure the excessive momentum directly from raw price series. Hence, this is an extended price action and pattern trading. Excessive Momentum Indicator was originally developed by Young Ho Seo. This indicator demonstrates the concept of Equilibrium Fractal Wave and Practical Application at the same time. Excessive Momentum detects the market anomaly. Excessive momentum will give us a lot of clue about potential reversal and bre
250 USD
VR Sync Charts MT5
Vladimir Pastushak
VR Sync Charts is a program designed as an indicator for the MetaTrader trading terminal. The program solves the problem of synchronization of chart windows by drawing a trend line in one chart window. the program copies and synchronizes the line with another chart in the MetaTrader terminal. Syncing will occur regardless of which period is set in the other chart. In the picture below, you can see how the trader manages the trend line, and the program synchronizes the line in another chart. The
30 USD
Advanced Currency Strength28 MT5
Bernhard Schweigert
⭐⭐⭐⭐⭐  Best Solution for any Newbie or Expert Trader! This Indicator is a unique, high quality and affordable trading tool because we have incorporated a number of proprietary features and a new formula. With only ONE chart you can read Currency Strength for 28 Forex pairs! Imagine how your trading will improve because you are able to pinpoint the exact trigger point of a new trend or scalping opportunity? USER MANUAL: click here The SPECIAL: Arrows in sub-window to show strong currency moment
128 USD
Distance from Moving Average
Leonardo Sposina
This indicator measures the largest distance between a price (high or low) and a moving average. It also shows the average distance above and below the moving average. It may come in handy for strategies that open reverse positions as price moves away from a moving average within a certain range, awaiting it to return so the position can be closed. It just works on any symbol and timeframe. Parameters: Moving average period : Period for moving average calculation. Moving average method : You can
30 USD
Naked Forex Tweezer Pro Indicator for MT5
Renaud Candel
Tweezer Pro Indicator is a pattern recognition indicator for Forex, Stocks, Indices, Futures, Commodities and Cryptos. The standard Tweezer is a two bar pattern. Our enhanced version is a multi-bar pattern. We filter the patterns for you so that you only get the   best and most effective patterns   and ignore the noise. The Tweezer pattern is a simple and effective pattern to trade. The strategy that comes with the Tweezer is based on price action. The Tweezer Pro version let users
177 USD
Aggression On Bars
Flavio Jarabeck
Imagine a Buy and Sell Pressure monitor on your chart that shows in REAL-TIME this data, bar by bar? Well, imagine no more. We present you an exclusive creation of Minions Labs : Aggression On Bars indicator. On every new bar on you chart this indicator will start counting in real-time the BUY/SELL pressure and present this data statistics directly inside your chart. As soon as a new bar is created in your chart, the counter restarts. Simple and effective. Just watch the video to see it running
60 USD
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