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2016.05.16 09:43
Indicators

Laguerre_ROC - indicator for MetaTrader 4

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3034
Rating:
votes: 3
Author: Emerald King, MTE&I

This is an advanced version of RSI. Laguerre converts the signals, so that low-frequency components lag much more that the high-frequency ones. In general, the last bar data has more weight than the previous data, just like the exponential moving average.

Translated from Russian by MetaQuotes Software Corp.
Original code: https://www.mql5.com/ru/code/7477

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