Laguerre RSI

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 means that a downtrend is strong.

Developer: John EHLERS
Author: KivancOzbilgic

Notas de prensa:

updated to v4 and added alarms for crossing over 20 and under 80 levels.

Notas de prensa:

Multiple Time frame option added