Laguerre Indicator

October 24, 2008 by hyiperz 

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The Laguerre Transform provides a time warp such that the low frequency components of price are delayed much more than the high frequency components. This feature enables smoothing filters to be created using only a small amount of data. Similarly, indicators using only a few data samples can also be created using the time warp. Since these indicators use only a few data samples, they can be made to be much more responsive to recent price data. More responsiveness translates to faster reaction times in placing the trades and, consequently, improved profitability due to the reduction in signal lag.

Creator of laguerre fx indicator : John F. Ehlers

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Laguerre Forex Indicator Guidances

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