The Speedometer indicator provides real-time measurement of market speed to assist traders in decision-making. It uses a color-coded system to indicate market momentum based on the completion time of bullish and bearish bars relative to an average value of 100. Colors represent four states: light green (UpFast) signals bull bars completed below average time, dark green (UpSlow) indicates bull bars above average time, light orange (DownFast) shows bear bars below average time, and dark orange (DownSlow) marks bear bars above average time. Values below 100 denote a fast market, while values above 100 indicate a slow market. This tool is designed for use with non-time-based charts such as Renko, Range, or Tick charts. In Renko charts, it additionally reflects trend momentum. The Speedometer helps traders identify optimal moments to enter or avoid trades by providing timely market speed insights.