العربية Azərbaycan Български 中文 Čeština English Français ქართული Deutsch Magyar हिन्दी Bahasa Indonesia ایرانی Italiano 日本語 한국어 Lietuvių Bahasa Malay اردو Polski Português Română Русский Srpski Slovenský Español ไทย Türkçe Nederlands Українська Vietnamese বাংলা Ўзбекча O'zbekcha Қазақша

InstaForex Client Area

  • Personal settings
  • Access to all InstaForex services
  • Detailed statistics and reports on trades
  • Full range of financial transactions
  • System of managing several accounts
  • Maximum data protection

InstaForex Partner Area

  • Full information on clients and commissions
  • Graphic statistics on accounts and clicks
  • Webmaster instruments
  • Ready-made web solutions and wide range of banners
  • High data protection level
  • Company's news, RSS feeds, and forex informers
Register account
Affiliate Program
cabinet icon

Another Lamborghini from InstaForex!Maybe it will be you who will take the keys!

Just make a deposit of at least $1,000 to your account!

Get the best trading conditions and attractive bonus offers! We have already given 6 legendary sports cars! But it does not stop there! The next Lamborghini Huracan of the latest generation may be yours!

InstaForex – invest in your victories!

Instant account opening

Get a letter of instructions
toolbar icon

Trading Platform

For mobile devices

For trading via browser

InstaForex Bonuses

InstaForex Bonuses
Make a deposit
Money withdrawal
pay icon

Formula

L0:=((1-g)*C) + (g*PREV);

L1:=(-g*L0) + Ref(L0,-1) + (g*PREV);

L2:=(-g*L1) + Ref(L1,-1) + (g*PREV);

L3:=(-g*L2) + Ref(L2,-1) + (g*PREV);

cu:= If(L0 > L1, L0-L1,0) + If(L1 > L2, L1-L2,0) + If(L2 > L3, L2-L3,0);

cd:= If(L0 < L1, L1-L0,0) + If(L1 < L2, L2-L1,0) + If(L2 < L3, L3-L2,0).

Trading use

As in case of many other oscillators, the main method of this indicator use is opening of buy orders after the level of indicator crosses above the level of 0.15 and opening of sell orders after the indicator crosses below the level of 0.75.

The major parameter of the RSI Laguerre indicator for MetaTrader is the factor gamma which equals 0.7 by default. It is important to note when the value which is less than this level (for instance, 0.5) is used, the indicator suggests rather aggressive trading with big number of trading signals, which nagatively influences the outcomes. High values of the indicator’s factor (more than 0.85) are unadvisable as overvaluation of the parameter may lead to delays in the work of the indicator.

The relevant distinguishing characteristic of the technical indicator RSI Laguerre is the situation when the indicator line takes minimal or maximal value moving strictly in horizontal way; it means powerful directed movement. Thus, if the indicator equals 1 and moves horizontally, strong trend movement, which is pointed up, prevails on the market. If the indicator equals zero and moves horizontally, then one should open sell deals in the developing downward movement.

RSI Laguerre Indicator

Parameters of InstaForex RSI Laguerre indicator

gamma = 0.7

Download


Back to the list
Start trading with
no risks and investments
With new Start-Up Bonus of $1000
Get bonus
55%
from InstaForex
on every deposit