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Candles speed indicator need


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 maxuscz 
Brno, Czech republic
 
Experience: Beginner
Platform: NinjaTrader
Trading: Emini ES
Posts: 22 since Dec 2020
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Hi all
im newbie and now I do only paper trading. Only Price Actions on ES and MES
So. Today I see something like cray rally.. In one moment bars start to move up and down like streetracers teenagers.. crazy
my question is - exist any indicator for "rally is here - whoo hoo. do nothing and wait when it stop" ?

Im understand - now is not normal trading days.. But still better to be prepared

Best regards
Pavel


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 casey44 
Louisville KY
 
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maxuscz View Post
Hi all
im newbie and now I do only paper trading. Only Price Actions on ES and MES
So. Today I see something like cray rally.. In one moment bars start to move up and down like streetracers teenagers.. crazy
my question is - exist any indicator for "rally is here - whoo hoo. do nothing and wait when it stop" ?

Im understand - now is not normal trading days.. But still better to be prepared

Best regards
Pavel

@maxuscz, The Velocity bars in this post may be helpful, they work on most bar types I think, and if you've a particular time frame you don't want to depart from you can adjust the setting of these bars.


Appreciate if you post how they are working for you at some point.


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Last Updated on December 21, 2020


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