Lopez Speed 2.0

Metatrader Indicator (MT4)

  • Overview

    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.

    • 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

    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.

    How is the indicator calculated?

  • Input parameters
    Input parameters

    When loading the indicator or EA to any chart, you will be presented with a set of options as input parameters. Don't despair if you think they are too many, because parameters are grouped into self-explanatory blocks.

    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
    Alerts
    Enable or disable alerts of all kinds
  • ? FAQ
    Does the indicator repaint?
    No, the indicator does not repaint.
    Does the indicator implements alerts?
    Yes, it implements pop-up, audio, email and push alerts.
  • Comments

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Screenshots

Lopez Speed Indicator for Metatrader
Lopez Speed Indicator for Metatrader
Lopez Speed Indicator for Metatrader