Forex indicator Speed Candles shows the rate of price change on all timeframes and displays it on one price chart.
The indicator Speed Candles v1.0 belongs to the category of informational indicators and allows a trader to assess price changes on all timeframes without switching between them.
The Speed Candles indicator is displayed in the form of histograms that characterize the speed and direction of price change on each timeframe. The direction of the price change is displayed in green (upward movement) and red (downward movement). The rate of price change is displayed as a percentage.
The Speed Candles Forex indicator will be useful in trading strategies that use the method of analyzing multiple timeframe screens to make a trading decision, as well as for scalping systems.
Features of Speed Candles MT4 indicator
- Platform: Metatrader 4
- Ability to change settings: Yes
- Timeframe: any from 1 Minute to Daily
- Currency pairs: any
In Speed-Candles-v1.0.zip file you will find:
Download Speed Candles MT4 indicator for free: