Laguerre Metatrader 4 Indicator

Laguerre MT4 is an oscillator type technical trading indicator that oscillates between 0 and 1.05. Readings above 0.75 suggest overbought levels. On the contrary, readings below 0.15 suggest oversold levels.

Trading Signals

BUY: In uptrends: Wait for the Laquerre indicator to turn back above 0.15 from below.
SELL: In downtrends: Wait for the Laquerre indicator to turn back below 0.75 from above.

Use in conjunction with trend analysis tools (trend lines, moving averages,…) to determine the trend. Always trade with the trend.

Download

Download the Laquerre Metatrader 4 indicator.

USD/JPY 15 Min Chart Example

laguerre metatrader4

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