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Date/Time: Fri, 10 May 2024 11:50:12 +0000



[User Discussion] - Looking for an indicator based on Kinetic Energy

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[2014-04-25 04:25:07]
djcurcio - Posts: 236
Somethig like this
http://www.mql5.com/en/market/product/2610#full_description
Ideas?
[2014-04-26 00:02:22]
crazybears - Posts: 314
Hi
do you have the formula ?
[2014-04-26 01:31:08]
djcurcio - Posts: 236
no
[2014-04-27 13:23:22]
User31737 - Posts: 73
isn't this the formula?

Energy line is calculated similar to kinetic energy in physics: E = (mv^2)/2. Tick volumes (money stock) are used as mass, while price rate of change (ROC) is used as velocity.

Energy direction (positive or negative) is defined by ROC direction.

where m=tick volume,and v=ROC
[2014-04-27 16:54:01]
vegasfoster - Posts: 444
There has to be more to it, I can look at that formula and tell you it will not produce a meaningful plot, there will be ridiculous spikes that will mess up the scale of everything else.
[2014-04-27 17:35:39]
User31737 - Posts: 73
@vegasfoster you are correct a search found a chart with this idea plotted on it - spikey mess
[2014-04-27 20:56:29]
djcurcio - Posts: 236
yes that one
[2014-04-27 21:08:44]
crazybears - Posts: 314
i think using ROC to measure Velocity is wrong

needs something to calculate speed from a given point , swing H/L to actual price
i made something similar using zigzag to calculate time difference in seconds .
i have to think more about it .

take a look here :

http://www.elitetrader.com/vb/showthread.php?t=121115&page=20
Date Time Of Last Edit: 2014-04-27 21:09:25

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