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PZ Lopez Impulse

PZ Lopez Impulse indicator evaluates volatility and price directionality simultaneously. It is an extremely easy to use indicator.

  • The blue histogram represents the bullish impulse
  • The red histogram represents the bearish impulse
  • The gray histogram represents the current volatility
  • The moving average is the average volatility

The trading implications are straightforward.

  • You can buy when the bullish impulse exceeds the average volatility (blue histogram > moving average)
  • You can sell when the bearish impulse exceeds the average volatility (red histogram > moving average)

PZ Lopez Impulse algorithm finds the following events:

  • Sudden price movements which are likely to be trend changes in higher timeframes
  • Large hammers and shooting stars price patterns with a lot of market participants involved
  • Meaningful breakouts with a lot of market participants involved

Other usage of the indicator is to analyze and predict market volatility, which behaves in a wave fashion.


Indicator Settings

The averaging period is the volatility average to trigger a signal. All other inputs are alerts related.


Recommended Tools

Filtering of trades can be done using the following tools:


Author

Arturo López Pérez, private investor and speculator, software engineer and founder of Point Zero Trading Solutions.

Vilmar Tavares
565
Vilmar Tavares 2017.01.11 01:42 
 

Indicador inútil.

Aliaksandr Kryvanos
12069
Aliaksandr Kryvanos 2014.12.07 09:19 
 

User didn't leave any comment to the rating

ThaiTrader7
164
ThaiTrader7 2014.08.23 20:21 
 

User didn't leave any comment to the rating

Ramil Minniakhmetov
151355
Ramil Minniakhmetov 2014.05.20 20:30 
 

User didn't leave any comment to the rating

Vadim Strelkov
7769
Vadim Strelkov 2014.05.05 13:56 
 

User didn't leave any comment to the rating

Version 2.0 2016.03.17
- Added alerts of all kinds