NQ Awesome Legoux Oscillator

Tool to assist you in making decisions. Best if used in timeframes larger than M3 to avoid false signals.
Buy:
  • Histogram crosses Legoux from bottom to top. The entry occurs when the histogram is red but the candle is bullish.
  • Histogram is green and below level zero, while Legoux curves upwards.
  • Histogram crosses Legoux from bottom to top. The entry occurs when the histogram is red but the candle is bullish.
  • Histogram is green and below level zero, while Legoux curves upwards.
Sell:
  • Histogram crosses the Legoux from top to bottom. The entry occurs when the histogram is green but the candle is bearish.
  • Histogram is red and above level zero, while Legoux curves downwards.
  • Histogram crosses the Legoux from top to bottom. The entry occurs when the histogram is green but the candle is bearish.
  • Histogram is red and above level zero, while Legoux curves downwards.
You can also use divergence rules for your entries. Take the test and see.


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