Laguerre RSI with Laguerre Filter Extended MT5 Indicator

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Description :

The Laguerre RSI indicator is a highly advanced version of the standard RSI indicator. The Laguerre RSI indicator was created by John Ehlers and introduced in his book Cybernetic Analysis for Stocks and Futures.

This version :

This version is additionally using Laguerre filter (also created by John Ehlers) for signal line and additional Laguerre RSI smoothing. Following coloring modes can be chosen :

  • change colors on no trade zones crossing
  • change colors on outer levels crossing
  • change colors on Laguerre RSI slope
  • change colors on signal line crossing

Usage :

Depending on your trading style, chose the appropriate color change mode and then color change can be used as signal

MT5 Indicators – Download Instructions

Laguerre RSI with Laguerre Filter Extended MT5 Indicator is a Metatrader 5 (MT5) indicator and the essence of this technical indicator is to transform the accumulated history data.

Laguerre RSI with Laguerre Filter Extended MT5 Indicator provides for an opportunity to detect various peculiarities and patterns in price dynamics which are invisible to the naked eye.

Based on this information, traders can assume further price movement and adjust their strategy accordingly. Click here for MT5 Strategies

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How to install Laguerre RSI with Laguerre Filter Extended MT5 Indicator.mq5 to your MetaTrader 5 Chart?

  • Download Laguerre RSI with Laguerre Filter Extended MT5 Indicator.mq5
  • Copy Laguerre RSI with Laguerre Filter Extended MT5 Indicator.mq5 to your Metatrader 5 Directory / experts / indicators /
  • Start or restart your Metatrader 5 Client
  • Select Chart and Timeframe where you want to test your mt5 indicator
  • Search “Custom Indicators” in your Navigator mostly left in your Metatrader 5 Client
  • Right click on Laguerre RSI with Laguerre Filter Extended MT5 Indicator.mq5
  • Attach to a chart
  • Modify settings or press ok
  • Indicator Laguerre RSI with Laguerre Filter Extended MT5 Indicator.mq4 is available on your Chart

How to remove Laguerre RSI with Laguerre Filter Extended MT5 Indicator.mq5 from your Metatrader 5 Chart?

  • Select the Chart where is the Indicator running in your Metatrader 5 Client
  • Right click into the Chart
  • “Indicators list”
  • Select the Indicator and delete

Laguerre RSI with Laguerre Filter Extended MT5 Indicator (Free Download)

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