ATR Adaptive Laguerre RSI - MetaTrader 5 Script | Forex Indicator Download - MT4/MT5 Resources
The Laguerre RSI indicator created by John F. Ehlers is described in his book "Cybernetic Analysis of Stocks and Futures".
This version:
Instead of using a fixed period, Laguerre RSI calculations use the ATR (Average True Range) adaptation method to adjust the calculation period. It makes the RSI more responsive during certain periods (periods of high volatility) and smoother during other periods (periods of low volatility).
You can use this (in conjunction with the adjustable level) for signals when the color of the Laguerre RSI changes.
Attachment download
📎 atr_adaptive_laguerre_rsi.mq5 (12.77 KB)
Source: MQL5 #22729
💡 Featured Recommendations
✍️ Latest by the author
- •
- •
- •
- •
- •
- •
📌 Popular topics
- •
- •
- •
- •
- •
- •
- •
- •
🔗 You May Be Interested In
- •
- •
- •
- •
- •
- •