LOPEZ TREND INDICATOR FOR METATRADER

Master trends on lower timeframes with precision and zero noise

Intraday traders often struggle with false signals, price spikes, and frustrating whipsaws—especially on lower timeframes where noise dominates. This trend-following solution is designed to filter out that chaos, highlighting only meaningful price movements and clear directional bias. With a high winning ratio and no optimization required, it brings clarity and consistency to fast-paced trading environments, making it ideal for scalping and short-term strategies.

  • Noise-free trend detection designed specifically for intraday and short-term trading
  • Uncluttered trend line with overbought/oversold bands for clear trade timing
  • Non-repainting and non-backpainting for complete transparency
  • Self-analyzing performance dashboard to assess signal quality at a glance
  • Multi-timeframe dashboard to align signals across charts and improve timing
  • Alerts of all kinds: visual, sound, email, and push notifications
  • No optimization required – works out of the box
  • Avoids whipsaws and filters out spikes around the mean price

Screenshots

Description

This indicator tracks the market trend with high accuracy by ignoring short-term price spikes and market noise. It is designed specifically for intraday trading and small timeframes. Its average winning ratio is around 85%.

  • Very easy to use and interpret
  • Detects overbought and oversold market conditions
  • Filters out noise for cleaner signals
  • Avoids false signals and whipsaws on lower timeframes
  • Analyzes its own performance and quality
  • Includes a multi-timeframe dashboard
  • Sends alerts via email, sound, push, or on-screen
  • Non-repainting and non-backpainting

How It Works

The indicator is perfect for lower timeframes because it filters out sudden price movements and focuses on price action around a mean value. It doesn't require any optimization and can be used out-of-the-box. Even though it is built for short timeframes, it can capture long-term trends that start small and extend into higher timeframes, increasing potential profits.

Anatomy of the Indicator

The indicator displays a colored line with a surrounding band:

  • The colored line represents the mean price of the asset.
  • The band around it shows the overbought and oversold areas.

If the mean price is blue, the market is trending up. Look for buy trades when the market is not overbought. If the mean price is red, the market is trending down. Look for sell trades when the market is not oversold. A color change in the mean price is not an immediate signal to enter or exit a trade. Use the bands to time your entries more effectively.

Technical Information

  • The indicator updates with each bar, not with every tick
  • It has only one dropdown input with four possible values for trend sensitivity
  • It includes alerts: visual, sound, email, and push notifications

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Frequently Asked Questions

No, it isn’t. While the indicator provides clear trend direction, it does not signal continuous trading. You should only consider long trades when the price is below the upper band in an uptrend, and short trades when the price is above the lower band in a downtrend. A trend change alone is not a trading signal—timing matters, and waiting for a price pullback to the mean improves trade quality.

No, it does not repaint or backpaint. Signals and visual data remain fixed once they appear on the chart. It was specifically designed for reliable real-time use without misleading retrospective adjustments. You can verify this with the free demo before purchase.

The colored line represents the mean price, while the surrounding bands indicate overbought and oversold conditions. In an uptrend (blue mean line), look for long entries when the price pulls back below the upper band. In a downtrend (red mean line), short entries are preferable when the price moves above the lower band.

The indicator does not provide explicit SL or TP levels. You should manage risk based on price action or your personal strategy. However, using the bands as potential zones for exits or risk boundaries can be a practical approach.

Yes, the multi-timeframe dashboard can be dragged and repositioned anywhere on the chart for convenience.

The indicator features just one main parameter: **Amplitude**. This controls its sensitivity. In MetaTrader 5, it appears as a dropdown with predefined values. In MetaTrader 4, it’s an integer from 1 to 4. No additional optimization is needed—the default settings work well across most assets and timeframes.

It includes full alert functionality—email, sound, push notifications, and on-screen alerts—to notify you of trend changes or trade opportunities in real time.

While it is specifically optimized for intraday and low-timeframe trading, the noise-filtering logic also adapts well to higher timeframes. Many traders use it on H1 or H4 to catch longer trends with less interference.

No, this is a visual/manual trading tool. It does not provide buffer outputs or signals suitable for direct integration into an Expert Advisor.