Forex Indicator "Stochastic SPEED" for MT4 - great predictive tool!
- The calculation of this indicator is based on equations from physics . Stochastic SPEED is the 1st derivative of Stochastic itself
- Stochastic SPEED is great for scalping entries when stochastic is in Oversold/Overbought zone and Speed is making rebound hook (see pictures)
- It is recommended to use S tochastic SPEED indicator for momentum trading strategies:
- If S tochastic SPEED is above 0 - this is positive speed : price momentum goes up
- If S tochastic SPEED is below 0 - this is negative speed : price momentum goes down
- S tochastic SPEED indicator shows how fast S tochastic itself changes its direction - it is very sensitive
- Indicator has built-in Mobile and PC alerts
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