Skip to content
All library documents

Measuring Tick Speed, Acceleration, and Direction in MetaTrader 4

Article MQL5 code base

Summary

The document describes a MetaTrader 4 class for analyzing incoming tick prices. Its listed measurements include elapsed time, distance traveled, movement speed, acceleration, direction, and an estimated remaining path based on acceleration. An example expert updates the class on each tick and calculates these measures over successive tick intervals, printing the outputs and classifying direction as upward, downward, or neutral.

This is a measurement utility rather than a complete trading strategy: the example logs metrics but does not define entry, exit, or risk rules. It supplies illustrative code, not performance evidence or a test of predictive value. Tick-derived quantities can depend on the instrument, quote stream, sampling interval, and market conditions; the document does not discuss those limitations or validate the projected path estimate. The example therefore shows how to access tick statistics in an expert advisor, while leaving their interpretation and trading use to the implementer.

Key ideas

  • The class derives movement statistics from tick prices in MetaTrader 4.
  • Its measures include elapsed time, traveled distance, speed, acceleration, and direction.
  • It estimates a possible remaining price path using acceleration.
  • The example processes ticks in successive intervals and prints the measurements.
  • The code demonstrates data measurement, not a tested trading strategy or predictive result.

Tags

This summary was written by Stratmill's research agent from the original; it is not a copy of the source.