Speed_MA_V2 - Indicator for MetaTrader 4

The indicator determines the rate of the price movement, using moving averages with different periods. The speed of each MA is reflected as a percentage of the baseline. The base indicator is the maximum change MA between two neighboring bars, identified on a plot of 500 bar.

The indicator is presented in the form of four color lines on the chart:

• yellow line - МА5;
• green line - MA15;
• blue line - MA60;
• red line - the sum of the speeds of all MAs.

It is recommended to use this indicator with the Multi Moving Average tool.