Free indicators Laguerre algorithm

[progman]

Free indicators Laguerre algorithm

My improvement touched the code optimization for maximum speed, including in EA. As well as advanced settings, in particular
you can now select the number of filters.

Smoothed moving line Laguerre
МТ4 _https://www.mql5.com/en/market/product/14799
МТ5 _https://www.mql5.com/en/market/product/14813

Oscillator Laguerre
МТ4 _https://www.mql5.com/en/market/product/14801
МТ5 _https://www.mql5.com/en/market/product/14814

John Ehlers described this price smoothing algorithm in his book "Cybernetic Analysis for Stocks and Futures".
Excellent smoothing using very short filters allows to create very good indicators on very short-term data.
Using short-term data means that we can make the indicators more sensitive to the price changes, this helps to
reduce the reaction time for opening positions, and the decrease in delay has an according positive effect on the
profitability of your trading.

 

[LuisEzell]

Laguerre - indicator for MetaTrader 5. Laguerre indicator is an RSI indicator algorithm based on the Laguerre adaptive filter. It was created by John Ehlers - the expert who applied digital signals processing methods to futures trading.

 

[BlazeUp]

Can you provide short description of what this indicator is doing. In the way you have presented it, it seems like I need to download it to my MT4 if I want to see what it is actually doing

 

[JimFX]

Do you have a profit with this indicator?