Laguerre Filter MT5 Trend Trading Indicator

Laguerre Filter MT5 Trend Trading Indicator

The Laguerre Filter trend trading indicator is a Laguerre polynomial based smoothing filter for the trading terminal MetaTrader 5. The indicator allows you to determine short-term and long-term trends.

Basic rules for using the indicator:

  • When the indicator line is green, only buy transactions are opened;
  • When the indicator line is red, only sell trades are opened.

The Laguerre Filter trend trading indicator for MT5 terminal will be an effective filter when used in trading systems designed for trend trading.

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