gamma

Laguerre filter – no gamma – indicator MetaTrader 5

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Laguerre filter - no gamma - indicator for MetaTrader 5
Basics : Laguerre filter was described long time ago by John Ehlers in the “Time Warp – without Space Travel” document. It is not used a lot probably due to one “cryptic” parameter that is used ” the “gamma” parameter. That parameter is the dumping factor of the low pass EMA filter. As you can … Read more

Laguerre RSI – no gamma – indicator MetaTrader 5

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Laguerre RSI - no gamma - indicator for MetaTrader 5
Basics: The Laguerre RSI indicator created by John F. Ehlers is described in his book “Cybernetic Analysis for Stocks and Futures”. It’s a responsive RSI successor constructed using only 4 bars of data, but compared to the regular RSI it has way less noise (whipsaws) considering its fast reaction speed.The gamma value determines how aggressive … Read more