Jimmy wrote: Tue Feb 21, 2017 2:08 pm Hi Traders,Please see attached for the latest version of Laguerre PPO which was coded by our very own Administrator Mladen.Features:Adjustable coloursAdjustable bar widthOrange and Green warn of a possible chance of reversalRed and Lime Green warn of an extreme chance of reversalAlertsTip: I have personally used this indicator for live counter-trend trading on the M15 charts in the past. It's a good indicator for beginners as beginners tend to counter-trend trade but rarely have success with traditional technical indicators such as the RSI and CCI.I have personally backtested the Lagguerre using 5 years of data and in 97% of trades entered on the extreme signals (Red and Lime Green), all followed through with the reversal (eventually) but on several occasions there were times that drawdown was for 24 hours and up to 100 pips+. So if you have the patience and you're not using huge leverage, this is a very solid indicator.

shaileshm wrote: Sat Jan 06, 2018 11:45 pm

Did you use any additional indicator for finding the exact reversal point?

mrtools wrote: Fri Mar 08, 2019 11:40 am This is Mladen's laguerre ppo described here (http://www.prorealcode.com/prorealtime- ... s-bottoms/ ) changed the regular ma's out with jurik moving average.

mntiwana wrote: Tue Feb 21, 2017 4:12 pm And a mtf version of that PPO (  (price percentage osci)

mohamedelsiesy wrote: Tue Mar 03, 2020 3:06 am

Any versions with an alert?

mrtools wrote: Fri Mar 08, 2019 11:40 am This is Mladen's laguerre ppo: changed the regular ma's out with jurik moving average.

mohamedelsiesy wrote: Thu Mar 05, 2020 4:56 am This Jurik version is way better than standard laguerre ppo. if it isn't repaint could you please add alert on the extreme high and low?

mrtools wrote: Tue Feb 21, 2023 10:02 am This is a mfi ppo seems ok, just not as smooth.