MetaTrader 5 Indicators - Laguerre (MetaTrader)
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Laguerre (MetaTrader)
Laguerre MetaTrader indicator a completely custom indicator that doesn't rely on the standard MT4/MT5 indicators. It shows the weighted trendline in the separate window of the chart. It can be used for easy entry and exit signals.

Input parameters:

  • gamma (default = 0.7) multiplier that is used in the line's levels calculation. The higher it is the smoother is the line.
  • CountBars (default = 950) the maximum amount of bars for which to calculate this indicator. Set as high as possible if you don't experience performance problems.


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Category: MetaTrader 5 Indicators 


December 20th, 2009
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