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Indicators

ATR adaptive Laguerre filter - indicator for MetaTrader 5

Mladen Rakic

Views:
397
Rating:
votes: 10
Published:
2018.10.04 14:58

Basics :

Laguerre filter was described by John Ehlers in the "Time Warp - without Space Travel" document. In its original version it did not use period parameter and that somewhat limited its usage in some versions.

This version :

With a version that uses period parameter it becomes possible to use the indicator in some "classical" adapting modes. This version is using the ATR (Average True Range) adapting method

Usage :

You can use color changes as signals

PS:

A "big picture" example with a comparison of the "regular" (gray line) and adaptive (colored line) of the Laguerre filter. As it is obvious, the adaptive is faster where it should be (in times of high volatility) and in the times of cal changes, it remains as smooths as it should) and is leading the "regular" version in almost all the times



DSL QQE histo DSL QQE histo

Discontinued signal line QQE - histogram

Relative price channel Relative price channel

Relative price channel

ATR adaptive Laguerre filter - levels ATR adaptive Laguerre filter - levels

ATR adaptive Laguerre filter - levels

Bollinger bands squeeze Bollinger bands squeeze

Bollinger bands squeeze