Velocity Lines® Indicator

4 ngày trước

The Velocity Lines® Indicator plots three moving averages — fast, medium, and slow — to give a clear view of price momentum and trend direction.

I created this indicator because I wanted a simple, visual way to track multiple layers of momentum without cluttering my charts with too many tools. Over time, I noticed that watching how the medium line interacts with the slow line helped me better understand shifts in market momentum. For example, when the medium line approaches or crosses the slow line, it can indicate a potential change in trend. This is part of how I interpret markets personally, but the indicator itself is a visual tool, not a complete trading system.

Features:

— Three adjustable velocity lines for different trend speeds
— Minimalistic design for clearer chart readability
— Works across multiple markets and timeframes
— Flexible and easy to combine with other analysis tools

The Velocity Lines® Indicator was created to provide a straightforward, personal way to observe market velocity while keeping charts clean and uncluttered.

4 ngày trước

Phát hành các Ghi chú

From a personal standpoint I like entering Short Positions when the Center Line hits the Top Line and Long Positions when the opposite occurs. I wish you luck in your trading journey!