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The indicator analyzes the divergence of the current price with the laguerre filter data.
The indicator does not re-paint on formed bars.
To confirm the indicator signal, wait till the price exceeds the High (for buying) or Low (for selling) of the bar, at which the indicator changed its color.
The indicator is easy to apply and configure.
It can be used as an element of any trend-following strategy.
Configured parameters:
- T_Price – price for trend calculation;
- D_Price – current price against which the trend is compared;
- Gamma – indicator sensitivity parameter.
Indicators of this type based on digital filters: RSTL dpl AM, RFTL dpl AM.
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