The indicator analyzes the divergence of the current Close price with the Laguerre filter data. The indicator does not re-paint on formed bars. To confirm the indicator signal, wait till the price exceeds the High (for buying) or Low (for selling) of the bar, at which the indicator changed its color. The indicator is easy to apply and configure. It can be used as an element of any trend-following strategy.

Configured parameters

• gamma - indicator sensitivity.