The Lopez Trend indicator is Archive: tracks the market trend with an unmatched reliability, by ignoring sudden fluctuations and market noise..
Archive: The Lopez Trend indicator tracks the market trend with an unmatched reliability, by ignoring sudden fluctuations and market noise.
It is has been designed to trend-trade intraday charts and small timeframes..
It has been designed to trend-trade intraday charts and small timeframes.
Its is winning ratio is around 85%.Amazingly easy to tradeFind oversold/overbought situationsEnjoy noise-free trading at all timesAvoid being whipsawed in intraday chartsThe indicator analyzes its own quality and performanceIt includes a multi-symbol and multi-timeframe scannerThe scanner scans all the instruments in the Market WatchIt implements a multi-timeframe dashboardThe indicator is suited to trade low timeframes, because it ignores sudden price spikes or corrections, by reducing market noise around a mean price.The indicator needs no optimization at allIt implements a multi-timeframe dashboardIt implements email/sound/push alertsThe indicator is non-repainting and non-backpaintingThis indicator implements a trend-following orientation suitable for small timeframes that can permeate into very long trends in higher timeframes, amplifying your winnings.Anatomy of the indicatorThe Pz Lopez Trend indicator displays a colored line surrounded by a price band..
Its winning ratio is around 85%.Amazingly easy to tradeFind oversold/overbought situationsEnjoy noise-free trading at all timesAvoid being whipsawed in intraday chartsThe indicator analyzes its own quality and performanceIt includes a multi-symbol and multi-timeframe scannerThe scanner scans all the instruments in the Market WatchIt implements a multi-timeframe dashboardThe indicator is suited to trade low timeframes, because it ignores sudden price spikes or corrections, by reducing market noise around a mean price.The indicator needs no optimization at allIt implements a multi-timeframe dashboardIt implements email/sound/push alertsThe indicator is non-repainting and non-backpaintingThis indicator implements a trend-following orientation suitable for small timeframes that can permeate into very long trends in higher timeframes, amplifying your winnings.Anatomy of the indicatorThe Pz Lopez Trend indicator displays a colored line surrounded by a price band.
The colored line is is the mean price of the security, and the price band represents the overbought/oversold levels..
The colored line is the mean price of the security, and the price band represents the overbought/oversold levels.
the mean price is If is blue you should be looking for long trades when the market is not overbought, and if the mean price is red, you should be looking for short trades when the market is not oversold.A trend change in the indicator is not a signal to trade right away and close opposite trades!.
If the mean price is blue you should be looking for long trades when the market is not overbought, and if the mean price is red, you should be looking for short trades when the market is not oversold.A trend change in the indicator is not a signal to trade right away and close opposite trades!
The bands is should be used for timing.Example StrategyThere is a myriad of strategies which can be developed using the Pz Lopez Trend indicator, being the simplest of them a reversal system which trades only when the close price hits the mean price or the bands, thus avoiding trading when a sudden spike or correction takes place and the market is panicking.The rules can be summed up as follows..
The bands should be used for timing.Example StrategyThere is a myriad of strategies which can be developed using the Pz Lopez Trend indicator, being the simplest of them a reversal system which trades only when the close price hits the mean price or the bands, thus avoiding trading when a sudden spike or correction takes place and the market is panicking.The rules can be summed up as follows.
the price is Buy during an uptrend when hits the mean price or oversold band, and sell during a downtrend when the price hits the mean price or the overbought band..
Buy during an uptrend when the price hits the mean price or oversold band, and sell during a downtrend when the price hits the mean price or the overbought band.
This simple strategy is will keep your losses to a minimum when the market is flat or jumpy.However, you can create your own trading strategies, as long as trades are taken inside the bands or close to the mean price..
This simple strategy will keep your losses to a minimum when the market is flat or jumpy.However, you can create your own trading strategies, as long as trades are taken inside the bands or close to the mean price.
any indicator is Almost can be useful in conjunction with the Pz Lopez Trend indicator without altering the value it provides: isolation from market noise.Additionally you can fine-tune the entry strategy using other discretionary price action ingredients, such as false breakouts, pin bars, fractals, candlestick patterns or breakouts..
Almost any indicator can be useful in conjunction with the Pz Lopez Trend indicator without altering the value it provides: isolation from market noise.Additionally you can fine-tune the entry strategy using other discretionary price action ingredients, such as false breakouts, pin bars, fractals, candlestick patterns or breakouts.
level, is Just make sure not to buy above the overbought and not to sell below the oversold level..
Just make sure not to buy above the overbought level, and not to sell below the oversold level.