Maybe this indicator already exists elsewhere but i thought i’d mention it anyway.
Is there an indicator that measures average ‘velocity’ of price change given a price level?
An example would be, on S/R lines where price hesitates and have many ‘sawtooth’ movements, the ‘zone’ would be shaded a colour that indicates prices have, historically, a slow velocity there.
On the other hand, we have expressways where price has never or almost never hestitate around and just shoots past with little hestitation, perfect for scalps. These areas could be another shaded another hue of colour.
I suppose this is like S/R analysis but would this sort of graphical presentation be helpful?