XP Speed Meter the best indicator that measures the price/tick’s currency speed for you.
It will give you the ability to know when the pair moving fast or slow . So, you can trade or not trade. It’s very important tool for scalper traders – news traders. Even for trend traders it will be useful to know if the market is trending fast or slow .
XP Speed Meter is better than the volume type indicators of course. Because it shows the currency speed on the run-time without any lacking like what the volume indicators do.
You can download a demo version (works only with EURUSD) from here:
SETTINGS:
INPUT DESCRIPTION
Speed Bar Period
Set the period of the speed meter bar.
Speed Bar Unit Choose the bar unit. It can be Seconds - Minutes - Hours. Wait New Chart Bar? (Y/N)
Do you want the indicator to wait the new bar of the chart to start or it starts once it attached.
Alert Points (+/-)
After how many points (+/-) you want the alert.
Max Bars
Set the max bars to show.
Pop-up Alerts? (Y/N) Turn Pop-up alerts on/off .
Mobile Notifications? (Y/N) Turn mobile notifications on/off . Email Notifications ? (Y/N)
Turn email notifications on/off .
