Laguerre RSI
Indicator
654 downloads
Version 1.0, Oct 2024
Windows, Mac
5.0
Reviews: 1
Description
Laguerre RSI is based on John EHLERS' Laguerre Filter to avoid the noise of RSI.
Change the alpha coefficient to increase/decrease lag and smoothness.
the
Buy when Laguerre RSI crosses upwards above 20.
Sell when Laguerre RSI crosses down below 80.
While the indicator runs flat above 80, an uptrend is strong.
While the indicator runs flat below the 20 level, it means that a downtrend is strong.
Summary
AI summary
Laguerre RSI is a technical indicator based on John Ehlers' Laguerre Filter designed to reduce the noise commonly found in traditional Relative Strength Index (RSI) calculations. It allows users to adjust the alpha coefficient to control the lag and smoothness of the indicator, tailoring its responsiveness to market conditions. The indicator generates buy signals when the Laguerre RSI crosses upward above the 20 level and sell signals when it crosses downward below the 80 level. Additionally, a flat reading above 80 indicates a strong uptrend, while a flat reading below 20 signals a strong downtrend. This indicator is used to identify trend strength and potential entry and exit points by filtering out market noise inherent in standard RSI measurements.
Indicator profile
Customer reviews
5.0
Reviews: 1
5 | 100 % | |
4 | 0 % | |
3 | 0 % | |
2 | 0 % | |
1 | 0 % |
Customer reviews
July 14, 2025
Pros: Smooths RSI using Laguerre filter, reducing noise and lag. Clear overbought/oversold levels. Great for scalping. Cons: No alerts or tooltips. Requires confirmation with trend filters. Lacks setting templates and advanced features.
Discussion
FAQ
RSI
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