alf indicator for mt4

The ALF Indicator for MT4 works in a similar manner to the Moving Average indicator. In fact, the ALF abbreviation stands for Adaptive Laguerre Filter.

Example chart:

alf indicator in action

How to use the ALF Indicator for MT4?

The way that trading signals are generated is based on crossovers between candles and the ALF indicator.

When a candle closes above the ALF line in an uptrend market – it is a long signal. Conversely, when a candle closes below the blue line in a downtrend market – it is a short signal.

The adaptive nature of the indicator results in a cleaner alignment between the signal line and the price.


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