1. CFTC/NFA Disclaimer
Futures Trading Commission Futures and Options trading has large potential rewards, but also large
potential risk. You must be aware of the risks and be willing to accept them in order to invest in the
futures and options markets. Don't trade with money you can't afford to lose. This is neither a solicitation
nor an offer to Buy/Sell futures, stocks or options on the same. No representation is being made that any
account will or is likely to achieve profits or losses similar to those discussed on this web site. The past
performance of any trading system or methodology is not necessarily indicative of future results.
CFTC RULE 4.41 - HYPOTHETICAL OR SIMULATED PERFORMANCE RESULTS HAVE CERTAIN
LIMITATIONS. UNLIKE AN ACTUAL PERFORMANCE RECORD, SIMULATED RESULTS DO NOT
REPRESENT ACTUAL TRADING. ALSO, SINCE THE TRADES HAVE NOT BEEN > EXECUTED, THE
RESULTS MAY HAVE UNDER-OR-OVER COMPENSATED FOR THE IMPACT, IF ANY, OF
CERTAIN MARKET FACTORS, SUCH AS LACK OF LIQUIDITY. SIMULATED TRADING PROGRAMS
IN GENERAL ARE ALSO SUBJECT TO THE FACT THAT THEY ARE DESIGNED WITH THE
BENEFIT OF HINDSIGHT. NO REPRESENTATION IS BEING MADE THAT ANY ACCOUNT WILL OR
IS LIKELY TO ACHIEVE PROFIT OR LOSSES SIMILAR TO THOSE SHOWN.
NO REPRESENTATION IS BEING MADE THAT ANY ACCOUNT WILL, OR IS LIKELY TO ACHIEVE
PROFITS OR LOSSES SIMILAR TO THOSE DISCUSSED WITHIN THIS SITE, SUPPORT AND
TEXTS. OUR COURSE(S), PRODUCTS AND SERVICES SHOULD BE USED AS LEARNING AIDS
ONLY AND SHOULD NOT BE USED TO INVEST REAL MONEY. IF YOU DECIDE TO INVEST REAL
MONEY, ALL TRADING DECISIONS SHOULD BE YOUR OWN.

3. Daily Market Analysis
Daily Strategy Analysis (Live FxAlerts)
Forex Indicators – Fisher and Laguerre
Marcello Ducille’s Underground System Demonstration
Question & Answer Session

4. The Fisher Indicator
This is a quite simple histogram indicator that
detects direction and strength of the trend and
signals trend changes. Fisher bases its
calculations on the maximum and minimum
price levels from the previous periods, applying
some advanced math calculations to the
relations between the current price and the
max/min prices. The indicator is available for
both MT4 and MT5. This is a "repainting"
indicator — it recalculates previous bars when
the new bar has arrived.
Courtesy of google images

5. How it is used?
Input parameters:
Period (standard = 10) — the period in bars, on which
to calculate the maximum and minimum. The higher
this value theoretically the less false trend change
signals occur but the more this indicator lags.
On the chart example, you see that the upward trends
are marked with the green histogram lines, while the
downward trends are marked with the red line. It's easy
to trade with this indicator. You can close short positions
and go long when the lines' color change from red to
green. You can close long positions and go short when
the lines' change from green to red.
Courtesy of google images

6. The Laguerre indicator
Laguerre MetaTrader Indicator — a completely custom indicator that doesn't rely
on the standard MT4/MT5 indicators. It shows the weighted trendline in the separate
window of the chart. It can be used for easy entry and exit signals. The indicator is
available for both MT4 and MT5.
Courtesy of Google images
Input parameters:
gamma (default = 0.7) — multiplier that
is used in the line's levels calculation.
The higher it is the smoother is the line.
CountBars (default = 950) — the
maximum amount of bars for which to
calculate this indicator. Set as high as
possible if you don't experience
performance problems.

7. The Laguerre indicator
Laguerre can be used to buy when the line reaches 0.2 level from below and exit the long trade when it
reaches 0.5 level from above. Sell when the line crosses 0.8 from above and exit the short trade when
the line crosses 0.5 level from below.
Courtesy of google images

8. The Benefits
Laguerre
Courtesy of google images
•Filters False Signals
•Trend System
•Easy to read and implement
Fisher
Signals can be generated
by the crossover points of
the Fisher and its signal
line.

9. Closing Notes
Using any of these indicators are rewarding. Knowing when and how to use them can be a
good tool used for a healthy and wealthy trading.