Speed Test
The Speed Test indicator was created in order to facilitate the visualization of the market speed and to make you aware once the market speed is above the average. It is plotted in a separated label through vertical bars (default settings). Each bar represents the market speed of the current candle.
Available platforms: NinjaTrader 8
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Also, the indicator has a moving average built in, in order to see the average speed of the market.
- The market speed can be calculated through three different methods: Tick over time, Displacement over time and Volume over time
- Different coloring options
- Multiple types of painting, once the market passes the average speed (Bars paint, Background paint)
- A large variety of signal and alerts: Sound alerts, Email alert, Twitter alert, Pop-up message alert