How do I read the LaGuerre indicator?

It seems to be a trend indicator, and some traders only use this one.
I wonder if it is a good one for currrencies, and how to read it.
Could somebody please tell me.
Thank you.

Here's some nice light reading.

Thank you Antra, I have seen this document, and it sounds like a mathematical studdy.

Can anybody tell me how to read an entry signal on this indicator please? I am just curious....

When the La Guerre line crosses down through .75 line (top line) look to sell. When the line crosses up thru .15 line (bottom line) look to buy.

Information and examples can be found at http://fxovereasy.50webs.com/Home.html

Thank you ET, that's what I was looking for! Cool.

Hey Steve, this was the first system I ever saw when I started trading forex. I'm not going to tell you it's garbage, but as I recall it was unable to be throughly backtested due to one of the indicators it used. I don't know if you're just taking bits and pieces from it or whatnot, but make sure you can accurately backtest a system before you think about trading it.

Hi.

Here there is new Laguerre, WITH ALERT!!

Developed by WhiteTiger Trader.

Bye

Thanks a lot for sharing this indi with alert system, I was looking for this.