ATR-Adaptive, Smoothed Laguerre RSI is an adaptive Laguerre RSI indicator with smoothing to reduce noise
What is Laguerre RSI?
The Laguerre RSI indicator created by John F. Ehlers is described in his book "Cybernetic Analysis for Stocks and Futures".
This version:
Instead of using fixed periods for Laguerre RSI calculation, this indicator uses an ATR (average True Range) adapting method to adjust the calculation period. This makes the RSI more responsive in some periods (periods of high volatility), and smoother in order periods (periods of low volatility). Also this indicator adds an option to have smoothed source input including Loxx's Expanded Source Types.
Included
-Loxx's Expanded Source Types
-Bar coloring
What is Laguerre RSI?
The Laguerre RSI indicator created by John F. Ehlers is described in his book "Cybernetic Analysis for Stocks and Futures".
This version:
Instead of using fixed periods for Laguerre RSI calculation, this indicator uses an ATR (average True Range) adapting method to adjust the calculation period. This makes the RSI more responsive in some periods (periods of high volatility), and smoother in order periods (periods of low volatility). Also this indicator adds an option to have smoothed source input including Loxx's Expanded Source Types.
Included
-Loxx's Expanded Source Types
-Bar coloring
Notas de Lançamento:
UI error fix
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