Laguerre MetaTrader indicator | FREE Forex Trading Indicator
Laguerre MetaTrader indicator an entirely unique indicator that does not rely on standard MT4/MT5 indicators It displays the weighted trendline in a separate chart window. It can be used to provide simple entry and exit signals. The indicator is compatible with both MT4 and MT5.
Input parameters:
- gamma (default = 0.7) — multiplier that is used in the line’s levels calculation. The higher it is the smoother is the line.
- CountBars (default = 950) — the maximum number of bars for which to calculate this indicator. Set as high as possible if you don’t experience performance problems.
- - - - - - - -
⭐The Best Cent Account To Test Your Forex Trading EA.⭐
- - - - - - - -
⭐Great Forex Broker With High Affiliate Commission For Your Forex Trading EA.⭐

Laguerre can be used to buy when the line reaches 0.2 level from below and exit the long trade when it reaches 0.5 level from above. Sell when the line crosses 0.8 from above and exit the short trade when the line crosses 0.5 level from below.
Downloads:
Laguerre for MetaTrader 4 in .zip
Laguerre for MetaTrader 4 in .mq4
Laguerre for MetaTrader 5 in .zip
Laguerre for MetaTrader 5 in .mq5
You May Also Like ❤ :
Extreme Spike EA with Indicator | FREE Forex Trading EA
The extreme spike indicator is a Metatrader indicator that detects market trend extreme high and extreme low spikes. It is...
Heiken Ashi Naïve EA (Reverse Heiken Ashi strategy) | FREE Forex Trading EA
Heiken Ashi Nave is a MetaTrader expert advisor that uses the platform’s standard indicator of the same name to implement...

PersistentAnti EA (Measures persistence of price movements; trades against it) | FREE Forex Trading EA
PersistentAnti is a Forex expert adviser that takes advantage of the concept of trend persistence. The Forex market charts are...
Ichimoku Chikou Cross EA (Uses Ichimoku Kinko Hyo for signals, ATR for position sizing) | FREE Forex Trading EA
Ichimoku Chikou Cross is a MetaTrader expert advisor based on standard Ichimoku Kinko Hyo indicator with default settings. Specifically, it...