SpeedD Oscillator v2.3 - MetaTrader 5 Script - MT4/MT5 Resources
v 2.3 added fixes, code improvements and Price-to-MA Distance
Trade value depends on price positioning, the shape of which can also be described by MA speed and price-to-MA distance. This indicator provides:
These two properties are provided together in a single indicator, more for ease of use than their direct compatibility. On the surface, the indicator easily distinguishes price pressure on trending moving averages.
Attachment download
📎 so.mq5 (6.62 KB)
Source: MQL5 #36758
SpeedD Oscillator v2.3 - MetaTrader 5 script usage and screening recommendations
SpeedD Oscillator v2.3 - MetaTrader 5 script is a resource related to foreign exchange indicators. Before downloading or referencing, it is recommended to confirm the platform version, transaction type, time period, whether DLL is required, whether source code is included, parameter description and historical update records.
Both automated trading tools and foreign exchange indicators should first undergo backtesting, simulated account observation, and small capital verification. Pay special attention to spreads, slippages, maximum drawdowns, position opening frequency, stop loss methods, trading periods and broker rules, and avoid direct real-time execution based only on titles or short-term profit descriptions.
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