The Laguerre Filter is a powerful smoothing tool that leverages Laguerre polynomials to help traders identify both short-term and long-term trends in the market.
When using this indicator, a green line signals a buying opportunity, while a red line suggests it's time to sell. It's a straightforward approach that can help streamline your trading decisions.
Although this post focuses on the MetaTrader 5 version, you can find the MetaTrader 4 variant along with its source code on my Telegram channel. Be sure to check out my profile for the link and don’t forget to hit that subscribe button!
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