Topic: Incorrect or faulty Laguerre indicator

Dear Popov, Footon

The Laguerre Indicator .cs or .mph obviously still has a faulty code. It generates a signal in the MT4, which is not present in the FSB Pro. I ask for review and correction.

Thank you

THS

Re: Incorrect or faulty Laguerre indicator

What you mean by still having a faulty code?

When you report, then please include your strategy file, it contains the indi with those values, which arise suspicion.

I took a quick glance of the code and I think I know where the problem is.
It is this line:

L0  = (1 - dGamma) * Close[iBar] + dGamma * L0A;

The issue is that it uses the whole data series for value calculation. While in backtesting there can be tens of thousands of bars, in trading there's bare minimum, which in most cases is well below 1000 bars and this explains the discrepancy. The code is not faulty but it behaves differently because it is calculated on different length data sets.

Re: Incorrect or faulty Laguerre indicator

Well, I can report what I've found. See the graphics. This is today, Daily Chart, Dax.

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Re: Incorrect or faulty Laguerre indicator

and this.

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Re: Incorrect or faulty Laguerre indicator

Thomas, upload your strategy or EA, please.

Re: Incorrect or faulty Laguerre indicator

...

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Laquerre_test.xml 11.95 kb, 4 downloads since 2017-10-18 

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Re: Incorrect or faulty Laguerre indicator

...

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Re: Incorrect or faulty Laguerre indicator

Thanks, Thomas, this is much better! A proper report with files and screenshots.

Try this .mqh file and report back if you still have this issue.

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Laguerre.mqh 6.49 kb, 11 downloads since 2017-10-18 

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Re: Incorrect or faulty Laguerre indicator

accepted.

Thank you, Footon.

Re: Incorrect or faulty Laguerre indicator

I can't login to repo to update the indicator file...

So everyone who reads this and uses Laguerre, update your .mqh file from this thread!