Understanding the Basics:
If you’re looking to refine your trading strategy, the ATR Adaptive Laguerre Filter could be your new best friend. Originally shared in the ATR Adaptive Laguerre Filter community, this tool utilizes slope and color changes to generate trading signals. But we're here to take it up a notch!
What’s New in This Version:
This updated version introduces self-adjusting levels for signal filtering. This means you’ll get clearer signals while reducing the noise of unnecessary alerts, helping you make more informed trading decisions.
How to Use It:
- Use color changes as clear signals for your entry and exit points.
- Before diving into live trading, it’s a good idea to experiment with the levels period to see what works best for you.
Pro Tip:
This indicator comes with two display modes. The default view is similar to what you see at the top. However, if you prefer a cleaner look, you can switch to a simpler display mode in the settings, which removes the filled zones while keeping the color-changing lines intact.
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