Modified the mfi a little bit.chickensword wrote: Tue Feb 21, 2023 10:07 am How did you get the calculations to work together with ppo & mfi?
Re: Laguerre PPO (Percentage Price Oscillator) Reversal Indicator MT4mrtools wrote: Fri Mar 01, 2024 9:19 am This is a T3 smoothed Wpr PPO. Indicator is mtf with alerts when entering the extremes, might be good for experimentation.
Bonkers indicator the pinnacle of its achievement has been reached.......mrtools wrote: Fri Mar 01, 2024 9:19 am Laguerre PPO (Percentage Price Oscillator) Reversal Indicator with T3 Smoothing + MTF & Alerts on Extreme reversal areas
This is a T3 smoothed Wpr PPO. Indicator is mtf with alerts when entering the extremes, might be good for experimentation.
Am I missing something here? From looking at the signals on both subwindows, I see signals for a reversal to the downside during the local market bottoms and signals for a reversal to the upside during the local market tops.mrtools wrote: Fri Mar 01, 2024 9:19 am This is a T3 smoothed Wpr PPO. Indicator is mtf with alerts when entering the extremes, might be good for experimentation.
post1295535162.html#p1295535162thomdel wrote: Fri Mar 01, 2024 5:02 pm Reason for the post : The Step Indicator on chart shows good results.
Respected mrtools Sir,
If possible :
1) Request you to Please Provide the Name of the Indicator used on the Price Chart in this Post.
2) In case, if you have your own parameters then Kindly Try to Share.
Thanks for your Time, Support, Shares, Kindness.
Thanks.
It's this one with a change of the arrows type and one timeframe higher.mrtools wrote: Fri Mar 01, 2024 9:19 am Laguerre PPO (Percentage Price Oscillator) Reversal Indicator with T3 Smoothing + MTF & Alerts on Extreme reversal areas
This is a T3 smoothed Wpr PPO. Indicator is mtf with alerts when entering the extremes, might be good for experimentation.
Feel free to change settings to your preferred trading preference.TransparentTrader wrote: Fri Mar 01, 2024 10:48 pm Am I missing something here? From looking at the signals on both subwindows, I see signals for a reversal to the downside during the local market bottoms and signals for a reversal to the upside during the local market tops.
Hi, does anyone have this available for MT5? Thanks!Jimmy wrote: Tue Feb 21, 2017 2:08 pm MT4 Laguerre PPO (Percentage Price Oscillator) Reversal Indicator
Hi Traders,
Please see attached for the latest version of Laguerre PPO which was coded by our very own Administrator/Founder Mladen.
Features:Tip: 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.
- Adjustable colours
- Adjustable bar width
- Orange and Green warn of a possible chance of reversal
- Red and Lime Green warn of an extreme chance of reversal
- Alerts
I have backtested the Laguerre 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.
Try hereGraniteChief wrote: Mon Jan 13, 2025 12:20 pm Hi, does anyone have this available for MT5? Thanks!
GC
