Description: The Laguerre Stochastic is similar to a 4-period regular Stochastic, except that a Laguerre transform has been applied for price smoothing. The Laguerre transform is a mathematical technique that allows smooth indicators to be built using small amounts of data. How do I use it? Never use this indicator as standalone trading signal, it should be...
STD-Filtered, ATR-Adaptive Laguerre Filter is a standard Laguerre Filter that is first made ATR-adaptive and the passed through a standard deviation filter. This helps reduce noise and refine the output signal. Can apply the standard deviation filter to the price, signal, both or neither. What is the Laguerre Filter? The Laguerre RSI indicator created by...
Jurik-Filtered, Adaptive Laguerre PPO is an indicator used to find reversals. Smoothing with a Jurik Filter reduces noise and better identifies reversal points. What is Laguerre Filter? The Adaptive Laguerre is based on the Laguerre filter, described by John Ehlers in his paper “Time Warp – Without Space Travel”. It applies a variable gamma factor, based on...
Added Adaptive Laguerre Filters (ALF) to built-in TradingView Vortex Indicator. Use these ALFs similar to an MA or ROC on the VI+ or VI-, as they indicate the strength of the uptrend/downtrend and can help spot tops and bottoms earlier (when the VI line crosses through the ALF the ALF will change color) - Added configurable horizontal lines to show periods of...
This is the Laguerre Filter by John F. Ehlers. He published this filter design in the article Time Wrap - Without Space Travel. This study open gamma and weight of each filter for to customize the filter design. For example, setting gamma to 0.2, 0.7, 0.8,0.8 and weight 1,2,2,1, the curve is a very nice simulation to ALMZ(50), setting...
Moving Averages are price based, lagging (or reactive) indicators that display the average price of a security over a set period of time. A Moving Average is a good way to gauge momentum as well as to confirm trends, and define areas of support and resistance. Essentially, Moving Averages smooth out the “noise” when trying to interpret charts. Noise is made up of...
The Laguerre Relative Strength Index was created by John Ehlers and this is essentially his version of the RSI but I find that the buy and sell signals work better with his version as you can see. Buy when the line turns green and sell when the line turns red. Let me know if there are any other indicators you want me to publish!
Level: 2 Background John F. Ehlers introuced Laguerre Filter in his "Cybernetic Analysis for Stocks and Futures" chapter 14 on 2004. Function The Laguerre transform can be represented as an exponential moving average (EMA) low-pass filter (the first term) followed by a succession of allpass elements instead of unit delays (the k − 1 terms). All terms have...
The Laguerre Filter was created by John Ehlers (Cybernetic Analysis For Stocks And Futures pg 216) and this indicator works well with letting you know both the short and long term trend as well as a pretty good moving average. If the indicator line is above the black line then it is a long term uptrend and below the black line is a long term downtrend. Buy when...
Laguerre RSI is based on John EHLERS' Laguerre Filter to avoid the noise of RSI. Change alpha coefficient to increase/decrease lag and smoothness. Buy when Laguerre RSI crosses upwards above 20. Sell when Laguerre RSI crosses down below 80. While indicator runs flat above 80 level, it means that an uptrend is strong. While indicator runs flat below 20 level, it...
This is a trend-following indicator which condenses two SuperTrend indicators -- one based on analysis over a shorter period of time (1.5, 7), and one based on analysis over a longer period of time (1.65, 100) -- into a single indicator which appears on your chart only when both the shorter- and longer-term analysis indicates a "SuperTrend" in the same...
This is an MACD indicator with the ability to use zeror lag moving average instead of exponential moving average. I also added different background color when histogram is over or under center line, MACD Leader, Laguerre filter and dots to indicate when Leader line crosses macd line. Good luck traders!
UPDATED Laguerre PPO PercentileRank Market Tops & Bottoms squeezed into a line chart seems to be more precise
A ribbon of 18 Laguerre Filters with separate Gamma values is calculated. To see them enable "Draw Ribbon" An average of the 18 filters generates the basis line. Then, Golden Mean ATR over the specified sampling period multiplied by 1 and 2 are added and subtracted to the basis line to generate the bands. Original by DonovanWall
Just an update to PineScript version 3 in order to be able to use it in strategies. Original code by TheLark: Enjoy
Adaptive Laguerre Filter indicator script. The Adaptive Laguerre Filter was originally developed and described by John Ehlers in his paper `Time Warp – Without Space Travel`. Thanks to @apozdnyakov for the sorting solution.
Laguerre RSI (Self Adjusting Alpha with Fractals Energy) indicator script. I adopted idea from www.prorealcode.com and If you disable `Apply Fractals Energy` option, you will get the original Laguerre RSI.
Laguerre RSI indicator script. This indicator was originally developed by John Ehlers.