Flow
Speed of Tape
The speed of the tape in its own panel: ONE speed candle per bar.
Real example in the platform
Speed of Tape on the NQ, 1-minute candles built from real ticks (October 16, 2026, Rithmic feed) — a screenshot of the platform itself, factory settings.
What it does
- Speed = volume, number of trades or number of aggressor orders in a MOVING WINDOW of N seconds (default 10 s), measured every second inside the bar — the candle shows the open, the peak, the trough and the close of the speed within the bar.
- Green = aggressive buying won the bar; red = selling (or by the price candle color, or by acceleration).
- FILTER: automatic (peak ≥ mean + k·std dev of the last bars) or manual (min/max) — marked bars are filled, the others dimmed; optional highlight band (ATAS) and peak histogram.
- Optional moving average. Source = the per-second tape of the bar, history and live.
Reading
- Tape accelerating with volume near a level = likely breakout; slowing at the level = the level holds; accelerated and the peak died inside the bar = exhaustion.
Options
- Input, seconds, total or per second, color, style, filter, average, colors, width, pane height, blur.
Settings
Everything you can change in the indicator's settings dialog, in the same order as in the platform:
- Input data
- Traded volume
- Number of trades
- Number of aggressor orders
- Window (seconds)
- Value
- Total in the window
- Per second
- Bar color
- Aggression that won the bar (delta)
- Price candle
- Acceleration (closed above the open)
- Style
- Speed candles
- Peak histogram
- Dim the bars outside the filter
- Highlight band on the marked bars
- Up
- Down
- Bar width
- Pane height (px)
- Background blur
- Filter (marked bars)
- Mode
- Automatic (mean + std devs)
- Manual (min/max)
- Off (all bars marked)
- Std devs above the mean
- Bars in the filter mean
- Minimum
- Maximum (0 = no cap)
- Moving average
- Show
- Period
- Color
How to add it in EliteXCharts
- Open a chart and click the Indicators icon in the chart header.
- Pick the Flow category and choose Speed of Tape.
- Click Add. Double-click the indicator (or use its gear) to open the settings.
- Or ask the AI Assistant: "add the Speed of Tape".
Frequently asked questions
What does the Speed of Tape indicator do?
The speed of the tape in its own panel: ONE speed candle per bar. Speed = volume, number of trades or number of aggressor orders in a MOVING WINDOW of N seconds (default 10 s), measured every second inside the bar — the candle shows the open, the peak, the trough and the close of the speed within the bar. Green = aggressive buying won the bar; red = selling (or by the price candle color, or by acceleration). FILTER: automatic (peak ≥ mean + k·std dev of the last bars) or manual (min/max) — marked bars are filled, the others dimmed; optional highlight band (ATAS) and peak histogram.
How do you read the Speed of Tape?
Tape accelerating with volume near a level = likely breakout; slowing at the level = the level holds; accelerated and the peak died inside the bar = exhaustion.
How do I add the Speed of Tape to a chart in EliteXCharts?
Open a chart and click the Indicators icon in the chart header. Pick the Flow category and choose Speed of Tape. Click Add. Double-click the indicator (or use its gear) to open the settings. Or ask the AI Assistant: "add the Speed of Tape".
Related indicators
Big Trades
Marks the LARGE trades on the chart (ATAS-style sweep).
real screenshotAbsorption
Absorption: aggression that does NOT move price — Big Trades' sibling, but for whoever is HOLDING.
real screenshotTrend Pressure
Trend line driven by PRESSURE (EMA base + pressure×ATR) with signals.
real screenshotRSI Levels
Support/resistance created by RSI CROSSES.
real screenshotTry it on your own chart
Every feature on every plan — 6 months, 1 year or lifetime.
See plans & pricing