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EES Velocity

EES Velocity

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Description:


Velocity = High-Low / Time. Time is changeable to minutes, hours, or days. Seconds is the default. In physics, Velocity = distance / time.



Velocity can be a good indication of price action divided by time, differing from indicators such as ATR and Volatility indicators that do not include time.

Image:

EES-velocity.png
Author
Salvador
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