LaguerreRSI MTF
- Indicators
- Version: 1.6
- Activations: 5
**Laguerre RSI MTF — Indicator for MetaTrader 5**
Developer: Aleshin AlgoTrade | Version: 1.06
Short description:
Laguerre RSI MTF is an advanced multi-timeframe indicator based on the Laguerre RSI concept (inspired by John Ehlers). It provides fast, clear momentum assessment across multiple timeframes to support decision-making and strategy development.
Key features:
- Multi-timeframe calculation (up to 5 TF) with adaptive bars.
- Alpha parameter for fine Laguerre filter tuning.
- Dynamic color schemes (2- and 4-color modes) highlighting overbought/oversold and midline behavior.
- On-chart MTF panel with weighted overall signal.
- Agreement arrows when all selected TFs align.
- Enhanced alerting: desktop alerts and push notifications.
- Robust input validation and zero-division protection.
Main inputs:
Source Price, Alpha (0.0–1.0), ColorChange, UseAdvancedColors, EnableAlerts, EnablePushNotifications, ShowMTFPanel, TF1..TF5, UseTF1..UseTF5, ShowArrows, ArrowOffset, Strong/Weak Long/Short levels, color settings.
Benefits:
- Quick visualization of cross-timeframe trend agreement.
- Highly configurable for different instruments and trading horizons.
- Reliability through input checks and numerical safeguards.
Installation & support:
Compatible with MetaTrader 5. Includes the `.mq5` source file. Support and updates provided by Aleshin AlgoTrade. For questions or customizations contact the developer.
Recommendation:
Backtest and demo-test before live deployment. Laguerre RSI MTF is designed to improve your workflow and provide clearer perspectives for future trades.
