T3 Velocity on Chart – indicator for MetaTrader 5

  • Platform: Metatrader5
  • Currency pairs: Any pairs, indices and metals
  • Trading Time: Around the clock
  • Recommended broker: icmarkets, XM
  • T3 velocity, now on chart version too.

    Be careful, because of the gradient colors, the velocity in the
    sub-window should be closely monitored too otherwise you can get a wrong
    impression, but I wanted to make this one so that we can have a sort of
    “all T3 velocity chart” sort of speaking.

    Also, this indicator shows
    how misleading some simplifications (like the color change, the trend
    changed) can be and that we always have to have the value of the
    indicator (past values included) in front of our eyes in order to draw a
    proper conclusion

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  • How to install MT5 indicator?
  • 1. On the desktop, double-click to open the MT45 trading platform software you installed.
  • 2. Click on “File” in the upper left corner – “Open Data Folder”, double-click the MQL5 folder, and double-click the Indicators folder
  • 3. Copy the metrics you need to install to the Indicators folder
  • 4. Open MT5, find “Navigator” in the display menu, then click “Technical Indicators” of “Navigator” and right click to refresh, you will see the indicator just copied.
  • 5. In the “Technical Indicators” of “Navigator”, find the indicator file just installed, double click or click manually to the chart window
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