Adaptive Laguerre filter trend – indicator for MetaTrader 5

  • Platform: Metatrader5
  • Currency pairs: Any pairs, indices and metals
  • Trading Time: Around the clock
  • Recommended broker: icmarkets, XM
  • This indicator combines two adaptive Laguerre values into a “trend” display.

    It is using the newest version of adaptive Laguerre filter (with the new type of low lag smoothing) in calculation.

    Trend (and alerts and colors) is depending on the relative position of the main Laguerre value and its signal value. If you chose the signal value to be <= 1, then it is behaving the same as if it was a simple adaptive Laguerre filter, so, in a way, this indicator is actually a two-in-one indicator. As usual, it is already a multi time frame version.

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  • How to install MT5 indicator?
  • 1. On the desktop, double-click to open the MT45 trading platform software you installed.
  • 2. Click on “File” in the upper left corner – “Open Data Folder”, double-click the MQL5 folder, and double-click the Indicators folder
  • 3. Copy the metrics you need to install to the Indicators folder
  • 4. Open MT5, find “Navigator” in the display menu, then click “Technical Indicators” of “Navigator” and right click to refresh, you will see the indicator just copied.
  • 5. In the “Technical Indicators” of “Navigator”, find the indicator file just installed, double click or click manually to the chart window
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