Showing posts with label indicator. Show all posts
Showing posts with label indicator. Show all posts

Sunday, June 12, 2011

EES Releases Velocity Indicator on MQL4

http://codebase.mql4.com/7625


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.