EES Velocity – indicator MetaTrader 4

EES Velocity - indicator for MetaTrader 4
Description: Velocity = High-Low / Time. Time is changeable to minutes, hours, or days. Seconds is the default. In physics, Velocity = distance / time. Velocity can be a good indication of price action divided by time, differing from indicators such as ATR and Volatility indicators that do not include time. Image: EES Velocity – … Read more

Velocity – normalized – indicator MetaTrader 5

Velocity - normalized - indicator for MetaTrader 5
Velocity (which is often called a “smoother momentum” since it is much smoother than momentum without lagging at all) with an addition of 3 types of normalization: ATR normalization standard deviation without sample correction standard deviation with sample correction and no normalization (in order to have “clean” version too) Also, since velocity is (even when … Read more

BB stops – velocity – indicator MetaTrader 5

BB stops - velocity - indicator for MetaTrader 5
This version of Bollinger bands stops is applied to velocity (“smoother momentum”) indicator. Unlike the original indicator (which can be used for stop loss settings), this version, due to the lack of the on-chart values, is directed into “trend” direction, and can be treated as a different way of having signal line on the velocity. … Read more

Parabolic Weighted Velocity – indicator MetaTrader 5

Parabolic Weighted Velocity - indicator for MetaTrader 5
It is less known that what is usually known as Jurik Velocity is actually a difference of Parabolic Weighted Moving Average and Linear Weighted Moving Average. This version extends the original by allowing you to change the “power” of the calculated averages used for velocity calculation. The bigger the Power parameter, the more weight is … Read more