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Laguerre Filter Crossover Signals for Automated Trading

Article MQL5 code base

Summary

This Expert Advisor uses a fast and a slow line from the LaguerreFilter indicator to generate entries. A signal occurs at bar close when the oscillator crosses its signal line, making the method a two-line crossover approach. The document describes entry timing but provides no details about trade exits, position sizing, or additional filters.

It references test results for USDJPY on a four-hour chart in 2014, with default inputs and no stop loss or take profit. No performance statistics or risk analysis are supplied, so the cited chart does not establish whether the approach is profitable or robust. Running the EA also requires the separately compiled LaguerreFilter indicator.

Key ideas

  • The EA takes entry signals from a fast and slow LaguerreFilter line crossover.
  • The crossover is checked at bar close.
  • The referenced test covers USDJPY on a four-hour chart in 2014.
  • The stated test used default inputs and omitted stop loss and take profit.

Tags

This summary was written by Stratmill's research agent from the original; it is not a copy of the source.