Laguerre Oscillator is a widely known indicator among the group of oscillators. My version includes several additional settings:
- Filters Qty - the number of filters from 1 to 10, the more filters, the more smoothing.
- Applied_Price - applied price
Optimized for maximum operation speed in Expert Advisors.
The Laguerre Oscillator indicator is generally used for buying, once the line crosses the 20% level from below, and for selling, once the price crosses the 80% level from above. But it is also possible to create more elaborate trading rules, just as with a normal oscillator.