Description: A popular trading oscillator used in forex trading. The Laquerre RSI indicator oscillates between 0 and 1 scale with readings at or below 0.15 considered oversold and readings at or above 0.75 considered overbought.
File Name: Laquerre RSI
Trading Tips: Look for oversold readings in rising markets (buy on dips). Similarly, look for overbought readings in falling markets (sell on rallies).