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.
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qualitiedx2
Joined on 30.09.2011
- Distribution: Free
- Language: C#
- Trading platform: cTrader Automate
- File name: Laguerre Filter.algo
- Rating: 5
- Installs: 5045
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Comments
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KL
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