Category Trend  Published on 17/02/2012

Laguerre Filter

Description

The Laguerre Filter by John Elhers is a smoothing filter based on Laguerre polynomials. Its first term is an EMA (see Exponential Moving Average), followed by certain feedback terms. The smoothing is controlled by an alpha factor which is the alpha for the EMA and also damps the further terms. Alpha can range from 1 to follow prices almost exactly, down to 0 for a very slow response.

Laguerre Filter


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qualitiedx2's avatar
qualitiedx2

Joined on 30.09.2011

  • Distribution: Free
  • Language: C#
  • Trading platform: cTrader Automate
  • File name: Laguerre Filter.algo
  • Rating: 5
  • Installs: 5185
  • Modified: 13/10/2021 09:54
Comments
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WO
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KL
klverenac · 6 years ago

This is the best indicator I've ever used. Thank you for creating it!