Introducing the Laguerre Indicator for MetaTrader — a fully custom indicator that breaks away from the usual MT4/MT5 tools. This beauty presents a weighted trendline right in a separate window on your chart. It's perfect for spotting entry and exit signals with ease. And the best part? It's available for both MT4 and MT5 platforms!
Input Parameters
- Gamma (default = 0.7) — Think of this as a smoothing factor for the line's levels. The higher the gamma, the smoother the line becomes, which can help you make clearer decisions.
- CountBars (default = 950) — This parameter sets the maximum number of bars the indicator uses for its calculations. If your system can handle it, crank this number up for better accuracy!
Get ready to enhance your trading strategies with the Laguerre Indicator! Whether you're a seasoned trader or just starting out, this tool can provide the insights you need to make informed decisions.
Comments 0