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Speed trend indicator

 

        The indicator shows the rate of price for a given interval. The indicator is designed as a two-color histogram.

        Indicator and its source code spread free

  • Into the indicator is added the Alert at the intersection of the zero line (the color of histogram is changing).
  • Imaging the arrow at the intersection of the zero line.
  • When crossing the zero line we derive profit  from the previous signal (as if we followed the signal buying and selling).

 


Testing

Download indicator "Speed"

Indicator parametrs:

  • PeriodSpeed - the number of bars on which the rate is calculated.
  • Arrow - draw arrows.
  • Print profit - output the result of the previous trend.
  • Alert - beep when crossing.