The Speed Indicator for MT4 is a powerful oscillator designed to measure the speed and strength of the current market trend. By analyzing momentum between values of -1.2 and 1.2, traders can easily identify when a trend is gaining or losing strength. This indicator is especially useful for traders who want to visualize momentum shifts through color-coded BUY and SELL bars, offering a quick and clear representation of market dynamics.
Whether you’re a beginner or an experienced trader, understanding how to use the Speed Indicator can enhance your decision-making and improve your trading accuracy.
The Speed Indicator functions as an oscillator, meaning it fluctuates within a fixed range — from -1.2 to 1.2 — representing the momentum of price movement.
Blue Bars indicate a bullish trend, suggesting that price momentum is moving upward.
Red Bars signify a bearish trend, showing that momentum is moving downward.
These color-coded signals make it easy to spot market reversals and continuations at a glance. The Speed Indicator provides an intuitive visual cue to gauge whether the trend is strengthening or losing steam.
Using the Speed Indicator for MetaTrader 4 (MT4) is simple and effective. Here’s a step-by-step guide:
Attach the indicator to your chosen chart (e.g., USD/JPY H4).
Observe the blue and red bars that appear below your chart.
When a blue bar forms, it indicates bullish momentum — this is typically a signal to look for BUY opportunities.
When a red bar appears, it reflects bearish momentum — signaling potential SELL opportunities.
Although the indicator can be used on shorter timeframes, it performs best on longer timeframes such as H4 or Daily charts. This reduces false signals and improves the accuracy of your trades.
By monitoring how the oscillator moves between -1.2 and 1.2, traders can estimate whether the trend is accelerating or decelerating.
Using the Speed Indicator for MT4 provides several trading benefits:
Clear visual signals with easy-to-read red and blue bars.
Accurate trend strength measurement between -1.2 and 1.2.
Reduces emotional trading by providing objective momentum readings.
Compatible with other indicators, such as moving averages or MACD, for confirmation.
Combining it with other trend tools can further enhance your trading accuracy and help you avoid false entries.
To get the most out of the Speed Indicator, follow these tips:
Focus on higher timeframes (H1, H4, Daily) for reliable results.
Combine with support and resistance zones for better trade entries.
Wait for confirmation before executing trades to minimize risk.
Avoid choppy markets, where oscillators tend to produce mixed signals.
This indicator excels when used as part of a comprehensive trading strategy, not as a standalone tool.
The Speed Indicator for MT4 is a reliable oscillator that helps traders measure the strength, direction, and speed of market trends. By oscillating between -1.2 and 1.2, it provides insight into how strong or weak the current momentum is.
The blue and red bars make it visually intuitive — blue for bullish and red for bearish trends — helping you quickly assess the market situation.
If you’re looking to enhance your trading analysis and gain more confidence in your trade entries, try the Speed Indicator for MT4 today.
Visit IndicatorForest.com to download the Speed Indicator and explore more professional trading tools to power your strategies.
Published:
Nov 02, 2025 12:54 PM
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