- April 28, 2023
- Posted by: Forex Wiki Team
- Category: Free Forex EA
Velocity Price Change EA Review
Forex Velocity Price Change EA is a powerful Forex Auto Trading EA Robot that is tuned for monthly earnings of up to 15%. Forex Velocity EA is a complex scalping algorithm used by professional traders, large financial institutions, and hedge funds.
The deal is entered by the Forex Velocity Advisor through strong impulsive price actions. Because it does not employ risky martingale and grid, the adviser is absolutely safe for your money.
It’ll almost certainly trade on a number of foreign currency pairings with tiny spreads at the same time. Designed to be used on a one-minute timer. GBPUSD-optimized default settings. The broker should have low fees, low swaps, and also a fast server.
Best Brokers List :
The robot works with any broker and any type of account, but we recommend our clients use one of the top forex brokers listed below:
|BROKER NAME||REGISTER||Year Founded||Headquartered||Leverage||Minimum Deposit||Regulating|
|Register||2007||Sydney, Australia||1:1000||$200||ASIC, SCB, FSA|
|Register||2010||Melbourne, Australia||1:500||$200||FCA , ASIC, DFSA|
|Register||2008||Cyprus||1:Unlimited||$10||CySEC, FCA, FSCA, FSA, BVI|
|Register||2011||London, England||1:500||$25||regulated by CySEC|
|Register||2006||Dublin, Ireland||1:400||$100||CBI, CSEC, PFSA, ASIC, BVIFSC, FFAJ, SAFSCA,ADGM, ISA|
Settings Velocity Price Change EA:
Velocity Price Change Indicator :
The average rate of price change at those distinctive time periods when this rate was essentially constant is shown by the Velocity of price change (VP) indicator.
The reliable indicator reading is ensured by the strong algorithm employed in VP to smooth out the price from its unpredictable leaps, which does not react to simple price volatility and tiny changes.
The indicator may be used to track trends and the points at which they revert when the indicator values abruptly alter their sign. Furthermore, the rate of price change in VP is normalized, and the accomplishment of indicator readings with absolute values greater than one is usually linked with a trend change.
If the normalized speed is substantially lower than the modulo speed, only rollbacks occur.
Algorithm for Velocity Price:
The VP indicator forex velocity price creates a polyline using segments of variable length regression lines, with the beginning of each segment coming from the end of the preceding segment (without showing it).
Each regression segment is constructed until the variation or spread of price around it begins to reach a crucial value, at which point the segment is completed and the next segment is constructed.
This strategy is based on the fact that the price variance around the regression segment begins to rise sharply with huge jumps and increased volatility, both of which occur when the trend movement changes, allowing the VP indicator to detect the trend shift.
The number of points used to depict each segment of the regression line varies depending on the market scenario indicated by the indicator, although it can range from Backstep to Depth, as determined by the indicator parameters.
At the same time, the smaller the Backstep, the shorter the time it takes to define the start of the trend movement. On extended trends, decreasing depth helps a trader to spot locations with a differing average rate of price change.
The total price increase is then divided by the length of each regression segment and the threshold price variance.
Result Of Velocity Price Change EA :
Download Forex Velocity Price Change EA :
We highly recommend trying the Velocity Price Change EA with ICMarket demo account. Also, familiarize yourself with and understand how this system works before using it on a live account.