Laguerre RSI is based on John EHLERS' Laguerre Filter to avoid the noise of RSI . As such, it is possible to use it to plot trend changes more precisely - and thus open and close positions at these points.
Marubozus are an interesting candle pattern wherein the close and open of the candle are also the high / low points of the candle. In other words, a candle with no shadows or wicks. How reliable are they, though? Probably not very reliable on their own. It may also depend on the size of the candle. You would probably want to incorporate this candle pattern with other filters, like RSI , MACD , to filter trade opportunities.
$0.00
Cookies help us deliver our services. By using our services, you agree to our use of cookies.