The Laguerre RSI Crossover indicator, a blend of
traditional RSI and Laguerre filter, offers precision trading signals.
Engineered for a smoothed and agile oscillator, the Laguerre Relative Strength
Index (Laguerre RSI) diminishes lag and noise inherent in the standard RSI.
This enhances its ability to detect trends and overbought/oversold conditions
in the market.
Trading Rules:
SELL Signal:
- When blue and yellow lines touch the upper 0.8 line.
- Yellow line crosses above blue, moving upwards.
- After crossover, if both lines slope downwards, it strengthens the SELL signal.
BUY Signal:
- When blue and yellow lines touch the lower 0.2 line.
- Blue line crosses above yellow, moving upwards.
- After crossover, if both lines slope upwards, it reinforces the BUY signal.
Optimal Application:
- Best suited for the 1-minute candle timeframe.
- Recommended expiry period: 2 minutes.
- Avoid trading during news releases due to unpredictable market volatility.
- Focus on the European and New York sessions for peak market activity.
Embrace this versatile indicator system across various
currency pairs to seize a multitude of trading opportunities. Remember,
combining this strategy with prudent risk management enhances the potential for
successful trades.
Hello Trader, My name is Ankush. On the blog "AM Trading Tips" contains Indicators and Trading Systems for Forex and Binary options. With a variety of trading (Forex and Binary indicators,trading strategies for different trading styles,and also Expert Advisors) that can be absolutely free
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