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PZ Lopez Speed

This oscillator calculates different price/time vectors to plot the aggregate market direction and two moving averages, in order to detect if the market is accelerating or decelerating. [ Installation Guide | Update Guide | Troubleshooting | FAQ | All Products ]

  • Easy to use and understand
  • Acts as a top-quality filter for trades
  • It has a unique speed detection algorithm
  • It is non-repainting and non-backpainting
  • It implements alerts of all kinds

It can be used as a top-quality filter for trend trades. The basic usage is the following:

  • if the blue moving average is over the dotted moving average, longs can be taken.
  • If the blue moving average is below the dotted moving average, shorts can be taken.

This oscillator calculates different price/time vectors to plot the aggregate market direction, which is the sum of all price/time vectors evaluated- and two moving averages, in order to detect if the market is accelerating or decelerating.

It can be used as a top-quality filter for trend trades.The basic usage is the following: if the blue moving average is over the dotted moving average, longs can be taken. Opposite for shorts. It can be combined with any short-term trading indicators.


Input Parameters

  • Period - amount of bars to look back and calculate vectors
  • Signal - period for slow moving average of the indicator
  • Trade - period for fast moving average of the indicator
  • Custom Alert Name - custom string for raised alerts
  • Display Pop Up Alerts - self-explanatory parameter
  • Send Push Alerts - self-explanatorary parameter
  • Raise Sound Alerts - self-explanatory parameter
  • Soundfile to play - file name of the sound file to play when an alert happens

Author

Arturo Lopez Perez, private investor and speculator, software engineer and founder of Point Zero Trading Solutions.

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John Winsome Munar
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John Winsome Munar 2022.06.20 17:04 
 

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lexx1980
52
lexx1980 2019.09.08 20:36 
 

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Version 2.0 2019.08.11
- Minor bug