I wanted to share with you an indicator I've developed putting together Laguerre RSI, Laguerre Filter and TrendStrengthA indicators.
I've tried to isolate zones that are favorable for longs and other for shorts. Where you see transparent zone I've noticed that those are useful adding to a position or eventual reverse.
I've tried it on range, but also a minute charts and they seems to work on both.
Indicator was developed for forex. Maybe it will work well on other securities.
Hope that you'll find it useful. Any comments would be highly appreciated.
Exported using NT7 b18 but should be working on 6.5 too.
Ivan Jocic (MEF)
Category NinjaTrader 7 Indicators
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