Laguerre Histogram Indicator
MT4 Momentum TradingFree DownloadThe Laguerre Histogram indicator, as the name suggests, displays Laguerre Oscillator signals in a form of the histogram bars, but also in an unusual way. These histogram bars are plotted into some kind of channel.
Generally speaking, green bars represent an oversold market state and opportunity for a long trade (buy). Similarly, red bars represent overbought market stat and opportunity for a short trade (sell).
