RSI laguerre
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- This topic has 8 replies, 2 voices, and was last updated 7 years ago by Nicolas.
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03/22/2017 at 7:13 PM #29492
Hi
I’m new to the site and also new to Prorealtime, I was wondering if someone could help me code. the attached indicators, that I have used on an alternative platform. I found something similar on the site.
https://www.prorealcode.com/prorealtime-indicators/laguerre-roc-rate-of-change/
Any help would be much appreciated
kind regards
Lee
03/23/2017 at 8:39 AM #2954603/23/2017 at 12:03 PM #2958003/23/2017 at 2:27 PM #29622I found this code in an old french forum about Laguerre RSI (for reference purpose, yours is different and I’ll translate it later)
1234567891011121314151617181920212223242526272829303132333435//Laguerre RSIgamma=0.7pr=medianpriceonce l0=pronce l1=pronce l2=pronce l3=pronce rsil=undefinedif barindex>0 thenl0=(1-gamma)*pr+gamma*l0[1]l1=-gamma*l0+l0[1]+gamma*l1[1]l2=-gamma*l1+l1[1]+gamma*l2[1]l3=-gamma*l2+l2[1]+gamma*l3[1]cu=0cd=0if l0>=l1 thencu=l0-l1elsecd=l1-l0endifif l1>=l2 thencu=cu+l1-l2elsecd=cd+l2-l1endifif l2>=l3 thencu=cu+l2-l3elsecd=cd+l3-l2endifrsil=cu/(cu+cd)endifreturn rsil,0.2,0.8About the ‘Projection pivot’: so it’s the dotted lines on your chart? How do you use it? I’d like to understand it a bit before doing its translation, thanks.
03/23/2017 at 2:45 PM #2962603/23/2017 at 6:36 PM #29674Hi Nicolas,
The RSI/ fractal energy indicator was used on Think or swim platform, the RSI/fractal energy indicator is used quite effectively to find top and bottoms with quite effective entrys and exits. The pivot points I have not used, it just something I got given that I was thinking of trying (but the pivot points are not important, i’m slowly trying to learn to code, so hopefully I will be able to read and understand and hopefully write the code for pivot points in the near future)
Thanks again it’s much appreciated
Lee
03/23/2017 at 8:12 PM #2968703/23/2017 at 9:23 PM #2970203/26/2017 at 10:19 AM #29888You can now find this indicator to download in this library’s post: Laguerre RSI with dynamic gamma
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