Do you know when the market is walking, when it's speeding, and when it's running extremely fast (a signal for something special that's going to happen)?

Our Market Speed will help! For your information, it adds a 1-tick data series running in the background to count ticks for all historical and real-time bars. Then it displays the speed of the market in meaningful numbers for you to easily understand. For example, you will see that during this bar the market travels at 10 ticks/minute but next bar it speeds up to 90 ticks/minute. That can be a very important signal for a critical event, such as trend reversal.

The major calculation is tick-over-time, but you can set the speed in 2 other units: displacement-over-time & volume-over-time.

(Displacement is equal to bar close minus bar open)

• Plot the market speed in the unit you choose
• Allow choosing the speed unit: tick-over-time, displacement-over-time, volume-over-time
• Allow choosing unit of time: second, minute, hour
• Plot a moving average of the speed, which can be chosen from
  11 popular moving averages
• Operate well in any Calculate modes: on bar close, on each tick, on price change
• Allow calculating the displacement in points, ticks, or pips
• Colorize the plot based on bar bias: up, down, doji
• Be NinjaScript ready for advanced usage, only restricted by your imagination
• Expose dedicated NinjaScript signals

• Signal_State: 0 = speed below/at average, 1 = speed above average