Home MetaTrader 5 Indicator Oscillator Speed MetaTrader 5 Indicator | Speed Oscillator

MetaTrader 5 Indicator | Speed Oscillator

Description

Measures current bar's Moving Average Speed, in relation to the average of # (averaging period) past bars.

This oscillator can be visually described with Speed Indicator.

Calculations

CurrentBar's speed / Mean speed of past # bars

         AvgPosBuffer[i] = pos_sum/InpSPeriod;           AvgNegBuffer[i] = neg_sum/InpSPeriod;             if(ExtMABuffer[i] - ExtMABuffer[i-1]>0)           {              SO[i] = (ExtMABuffer[i]-ExtMABuffer[i-1]) / AvgPosBuffer[i];           }           else if(ExtMABuffer[i] - ExtMABuffer[i-1]<0)           {              SO[i] = -((ExtMABuffer[i]-ExtMABuffer[i-1]) / AvgNegBuffer[i]);            }           else            {              SO[i] = 0;           }