Topic: price speed indicator

Is there an indicator which measures the speed of the price?

Re: price speed indicator

Momentum measures the average price speed.

Average Speed = Distance / Time;
In our case the Distance is the difference between the final price and the initial price
Time is the number of bars.

Speed = ( Price(now) - Price(now - numb of bars) ) / numb of bars
And this is the exact formula of the Momentum indicator. It shows the price speed in Delta Price per Bar.