The PlusDi indicator processed through the Laguerre filter.
This indicator was first implemented in MQL4 and published in CodeBase at mql4.com on 14.09.2007.
Figure 1. The Laguerre_PlusDi indicator
Translated from Russian by MetaQuotes Software Corp.
Original code: https://www.mql5.com/ru/code/2308
The Exp_ColorTSI-Oscillator EA is based on the signals generated by the ColorTSI-Oscillator oscillator.HighsLowsSignal
A semaphore signal indicator determining the moments of a directional price change on several bars, the number of bars is specified in the indicator input parameters.