Laguerre

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Laguerre


Laguerre indicator


The Laguerre indicator plots the weighted trendline separately from the chart.
This indicator is more sensitive to the recent price data, that’s why it has faster reaction and reduces the signal lag to minimum.
It can be used for generating the signals to enter/exit the trade.

Methods of use:
  • When the Laguerre line moves upwards and touches the 0.2 level, it is a signal to open the Buy position. Close the Buy position when the Laguerre line moves downward and touches the 0.5 level.
  • When the Laguerre line moves downward and crosses the 0.8 level, it is a signal to open the Sell position. Close the Suy position when the Laguerre line moves upward and crosses the 0.5 level.




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