Forex Moving Average Trading with Multi Laguerre Momentum Filter – Laguerre Indicator is an excellent indicator for use in trade with the trend.
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- Use a demo account or a small live account first to practice this trading system
Traders like it because it shows the market cycles in the selected period of graph better than most standard indicators of a set of MT4 platform.
This indicator shows a great start and ends micro trends, which means that the indicator will be primarily interesting for scalpers.
Of course, the indicator itself is not on your nelly cannot be an independent trading system! But in combination with other indicators and methods of technical analysis Laguerre Indicator able to give a good result.
- Time Frame: M30 or higher
- Currency Pairs: Any
- MA in Color
- Laguerre
- MA in Color: Red color
- Laguerre: Below the level 45 line
- MA in Color: Red color
- Laguerre: Below the level 45 line