The Velocity Indicator for NinjaTrader

$ 195.00


Velocity is one of newest inventions to measure exhaustion. What is Velocity? It is the rate at which price moves over the course of a bar relative to a previous bar. This brand new high performance indicator can be used  to determine when price may be getting exhausted from a strong move and need to pause or pull back during a resting or consolidation period prior to making its next move. It is a valuable tool in any pullback trader's arsenal. It was inspired by the SpeedTick and Ricochet and thus can be a powerful complement to them. 

http://www.screencast.com/users/IntentionalTony/folders/Camtasia/media/1e5a8a44-27a9-4a6c-8ebe-128ba673fa22/embed
 

Highlights:

  • Add to any chart or time frame
  • Prints on the current bar in real time
  • DOES NOT repaint several bars after the fact
  • Exhaustion Measurement
  • User select draw object, colors and sizes
  • Toggle on/off
  • Works great with the SpeedTick and Ricochet for the ultimate in overreaction/exhaustion detection. 
Indicator Documentation

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