Monitoring Spread, Moving Averages, Extremes, and Market Speed

Summary

This short indicator description says that the display reports the spread, its exponential moving average, its maximum and minimum, and market speed measured as ticks per second. A version identified as 1.01 uses a normal average instead of a moving average. The included settings control displayed digit precision, the refresh interval, and whether the comment display is cleared after the indicator closes.

The document provides no formula for spread or market speed, no chart or example output, and no trading rule based on the readings. It also gives no test results or guidance on interpreting the measures across instruments or market conditions. The material is useful as a compact description of what the indicator displays, but it does not establish that these values predict prices or improve execution decisions.

Key ideas

• The indicator displays spread, an average, maximum and minimum spread, and ticks per second.
• A stated version substitutes a normal average for the moving average.
• Settings adjust precision, refresh timing, and whether the display is cleared on closure.
• The document provides no evidence that the displayed measures forecast prices or support a profitable strategy.

Tags

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