Indicators: Laguerre Filter
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Laguerre Filter:
The indicator consisting of two moving averages from John Ehlers' book "Cybernetic Analysis for Stocks and Futures: Cutting-Edge DSP Technology to Improve Your Trading".
Red moving average is a filter and a medium-term trend indicator. Blue moving average is used as the fast trends filter with the simplest smoothing tool.
Author: Nikolay Kositsin