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Market Speed

$296

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Product Description

Multi-Osc OB/OS Overlap: A smart combination of 3 time-tested oscillators: RSI, MFI, and Stochastic.

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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)

Key features:
  • 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
  • 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
Dedicated NinjaScript signals:
  • Signal_State: 0 = speed below/at average, 1 = speed above average

Software Changelog

  • 07 Sep 2024 - The alert, draw marker, colorized bar, and fill background features were added.
  • 20 Jul 2023 - A minor display issue with the "User Note" was fixed.
  • 20 Jan 2021 - Massive changes, fixes and improvements were made (display name, Z order).
  • 17 Jun 2019 - The extreme speed capping was added; The signal_state was added.
  • 27 Apr 2019 - The indicator was released (built new).

Product Media

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From very happy customers... 500+ reviews →
  1. product_image Market Speed $$
    5 5

    Awesome Indicators Fairly Priced

    I have purchased 3 indicators now from ninZa.co and they are all excellent. Total Alert is now my new favorite and frees me up from watching my screen during market hours. And, the Quick Drawing indicator is a huge time saver. Very small prices for these with HUGE value received.

  2. product_image Market Speed $$
    5 5

    Superior Ichimoku Is Superior!

    I was fortunate to find Larry Pi and his great website. I sent him a simple request that he consider developing an Ichimoku indicator that would actually auto scroll the 26-period future Kumo part of this indicator. This is very important if you are using the Ichimoku to its fullest extent in your trading. Not only did he do that but he accomplished this in less than 3 days! I was amazed. I had found other free versions that were not coded correctly and none of them were able to provide the auto scroll of the Kumo (cloud). I am more than impressed with Pi and his work and his ability to communicate. I will be looking forward to working with Pi on future developments. I highly recommend Pi and his indicators. First class!

  3. product_image Market Speed $$
    5 5

    Support Resistance Radar With Fantastic Supporter

    - Grace You are fantastic, Grace. Thank you for all your help.

  4. product_image Market Speed $$
    5 5

    Triple-Range Rover Made Easy Thanks to Grace's Assistance

    I have just purchased Triple-Range Rover, Grace was very helpful in assisting me with the purchase, the download, and the manual, and now I can start making some profits.

These testimonials may not be representative of the experience of other users or customers and do not guarantee future performance or success.

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