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

Support

Author

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