NAM Laguerre (Free)

Totally free, it shows the weighted trend line in a separate window of the price chart. This indicator can be used to generate simple market entry and exit signals in both Forex, Indices, and Commodities. The way in which Laguerre can be used is as follows, always combined with other strategies, it is not recommended to use any indicator on its own:

When the indicator line crosses 0.15-0.2 levels from below, a buy position is opened. Buy positions are closed once the line reaches down to the 0.5 level from above.

When the indicator line crosses 0.75-0.8 levels from above, a sell position is opened. Sell positions are closed once the line reaches up to the 0.5 level from below.

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