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mertriver1

Laguerre RSI by KivancOzbilgic STRATEGY

U.S. Dollar / Japanese Yen (OANDA:USDJPY)  
mertriver1  
OANDA:USDJPY   U.S. Dollar / Japanese Yen
Oscillators Centered Oscillators Relative Strength Index (RSI) laguerre kivancozbilgic
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oscillator centeredoscillator relativestrengthindex laguerre kivancozbilgic
Backtesting.

Laguerre RSI

" Laguerre RSI is based on John EHLERS' Laguerre Filter to avoid the noise of RSI .

Change alpha coefficient to increase/decrease lag and smoothness.

Buy when Laguerre RSI crosses upwards above 20.
Sell when Laguerre RSI crosses down below 80.

While indicator runs flat above 80 level, it means that an uptrend is strong.
While indicator runs flat below 20 level, it means that a downtrend is strong. "

Developer: John EHLERS
Author: KivancOzbilgic
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