velocity ‣ MetaTrader Trading Robots

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 –

Jurik Velocity – indicator MetaTrader 5

Jurik Velocity - indicator for MetaTrader 5

Metatrader 5 version of Jurik velocity (“smoother moment”). Additional choice of prices added (the heiken ashi variation of prices). Jurik Velocity – indicator MetaTrader 5

T3 Velocity – indicator MetaTrader 5

T3 Velocity - indicator for MetaTrader 5

Velocity is a smoother momentum according to Mark Jurik. In the original velocity Jurik does not use JMA (as some versions are adding JMA to it) but has a very specific way of calculating. As it can be seen the T3 version is very smooth even without using additional smoothing (that is one of the

Normalized Velocity – indicator MetaTrader 5

Normalized Velocity - indicator for MetaTrader 5

This is a normalized velocity. By default it is using a gradient coloring. To turn the gradient coloring off, set the color steps to to less than 2. To set it show the colors on slope change, set the color steps to 2 and all the above is going to be drawn in different shades

T3 Velocity V.2.0 – indicator MetaTrader 5

T3 Velocity V.2.0 - indicator for MetaTrader 5

T3 velocity is not a velocity smoothed by T3 — this is a completely new indicator that uses T3 to calculate velocity. Velocity as is is a much smoother momentum and using T3 makes it even smoother. It inlcudeds original Tim Tillson calculation as wel as the modified Fulks/Matulich calculation. Usual choice of 20 prices

T3 Velocity on Chart – indicator MetaTrader 5

T3 Velocity on Chart - indicator for MetaTrader 5

T3 velocity, now on chart version too. Be careful, because of the gradient colors, the velocity in the sub-window should be closely monitored too otherwise you can get a wrong impression, but I wanted to make this one so that we can have a sort of “all T3 velocity chart” sort of speaking. Also, this

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

Corr velocity – indicator MetaTrader 5

Corr velocity - indicator for MetaTrader 5

Corrected velocity indicator. Velocity is usually referred to as a “smoother momentum”, and it is true (it has much smoother results without lag that would go with the smoothness). This is a logical step to have velocity as a “corrected” version too so that both (momentum and velocity) can be used. For the ones looking

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.

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