Laguerre RSI indicator settings

Laguerre RSI indicator settings


Gamma: 0.85

Count Bars: 9500

Standard parameters: Fixed minimum maximum -0.05 1.05

Standard levels: 0.85, 0.45 and 0.15

Laguerre filter line setting Gamma: 0.85

How to trade with Laguerre RSI indicator

Laguerre Buy when RSI crosses up over 0.15.

Sell ​​when Laguerre RSI crosses below 0.85.

While the indicator is working flat above 0.85 level, it means that the uptrend is strong.

While the indicator works perfectly .15 level, it means that the downtrend is strong.

Forex MT4 indicator Laguerre RSI

How to use the Laguerre filter line

An additional indicator of the Forex â € "Laguerre filter line â €" is prepared directly in the charts and looks like a moving average. Laguerre Filter Line filters Laguerre RSI signals.

Laguerre RSI When told to go long (buy), Forex traders could enter
only if the price is above the Laguerre filter line. The opposite is true for Sale
signals: when Laguerre RSI signals to Short, the price must be below
Laguerre filter line for the signal to be valid.

Forex MT4 indicator Laguerre RSI

Laguerre filter line filter all false signals, though.

Forex trades can choose to play with Laguerre RSI settings in order
to make the Laguerre indicator more or less sensitive. Settings related to
Gamma parameters. General settings:

Gamma 0.85

Gamma 0.7

Gamma 0.55

When using Laguerre filter line with Laguerre RSI in Forex, make sure they both have the same gamma settings.