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It&x27;s called the OGT RSI Multi Time Frame Indicator. The indicator provides an early warning indication that price MAY be about to reverse. It looks to see if the RSI is OBOS on multiple time frames. The RSI can be customised to suit your trading needs. You can also set how many additional time frames to check using the higerTFquantity input. Laguerre RSI indicator settings. Gamma 0.85. Count Bars 9500. Forex trades can choose to play with Laguerre RSI settings in order to make the Laguerre indicator more or less sensitive. The Relative Strength Index (RSI) Indicator is great for intraday and day trading. Learn all about what it is and the trading strategies to use with it. 12-27-2020, 1031 PM. Thanks so I think I narrowed the issue down. Plotting Gamma, gamma alpha, with the alpha in the LRSI calculation as a static .5 is fine. Only issues is that Gamma comes out as negative. When I set the alpha in LRSI calculation to my dynamic calculation then the indicator does not show. The major parameter of the RSI Laguerre indicator is the alpha factor which equals 1 by default. It is important to note when the value which is less than this level (for instance, 0.5) is used, the indicator suggests rather aggressive trading with a big number of trading signals, which negatively influences the outcomes. How accurate is this rsiLaguerreTime Fractal Energy Indicator Check it out for yourself httpsusethinkscript.comthreadsrsi-in-laguerre-time-with-fracta. 12-27-2020, 1031 PM. Thanks so I think I narrowed the issue down. Plotting Gamma, gamma alpha, with the alpha in the LRSI calculation as a static .5 is fine. Only issues is that Gamma comes out as negative. When I set the alpha in LRSI calculation to my dynamic calculation then the indicator does not show. The traditional Laguerre RSI indicator is a popular forex oscillator indicator that tells you when the market is overbought or oversold. The MTF version of the Laguerre RSI indicator. The Laguerre RSI with Dr. Keith Custom Scanner is a slight modification of the LRSI indicator but with an added proprietary custom script scan component . The result is a fantastic tool to be able to search for your high probability trades for hundreds of instruments to find the perfect trigger in just seconds. A caracterstica distintiva relevante do indicador tcnico RSI Laguerre a situao quando a linha indicador assume um valor mnimo ou mximo em movimento estritamente de forma horizontal, o que significa poderoso movimento dirigido. Assim, se o indicador for igual a 1 e se mover horizontalmente, o movimento de forte tendncia, que. Rsi laguerre indicator mobius thinkorswim options chain active trader tab. The 12 month clip rose to a 2. By Chesley Spencer November 21, 2 min read. Use a device compliance policy to set the level of risk you want interactive brokers marginable securities limit order vs stop order schwab allow. There are three mobile apps in total from the broker. RSI in cyan and FE in yellow. Look for trend exhaustion in the FE and a reversal of RSI or Price compression in FE and an RSI reversal. RSI Laguerre is one of the all time favorites. . QuestionsStock ScannersRSI in LaGuerre Time Converted to Scan Back to Previous PageCategory Stock Scanners 0 0 Hello Pete, I&x27;m absolutely hooked on your videos, you&x27;re genius Thank you so much for doing great work and sharing such valuable information. If you don&x27;t mind could you possibly take a look at.

craftsman m100 140cc. Laguerre RSI is based on John EHLERS&x27; Laguerre Filter to avoid the noise of RSI.Change alpha coefficient to increasedecrease lag and smoothness. This is a trend-following indicator which condenses two SuperTrend indicators -- one based on analysis over a shorter period of time (1.5, 7), and one based on analysis over a longer period of. Code CSA Nube (RSI Laguerre, SuperTrend) Nube 8.28.2016 When RSI Laguerre is combined with SuperTrend, if this study plots a line and ST changes that bar or. Free Laguerre RSI X3 Indicator for MT4MT5 Trading Platform - Download Now (.mq4 or .mq5) on Top-Trading-Indicators.com. MT4 Laguerre Indicators, MT4 Relative Strength Index. There are many ways to trade with the Laguerre indicator. One of the simplest methods is explained below. Buy when the Laguerre indicator crosses upwards above 0.10.. The Laguerre RSI Indicator is a modification of the well-known relative strength indicator or RSI. John F. Ehlers, the famous trader who created the Laguerre RSI, tried to avoid whipsaws (noise) and lag produced by smoothing technical indicators by applying a filter and some changes to the original relative strength indicator. The result is a.

Laguerre RSI with Laguerre Filter MT4 Indicator is a Metatrader 4 (MT4) indicator and the essence of this technical indicator is to transform the accumulated history data.. The Laguerre RSI indicator partly solves this problem. Laguerre RSI appeared in the early 2000s thanks to John Ehlers. Initially, Ehlers, being an engineer, worked on creating a system that would allow processing space signals. It would have to smooth out extraneous noise. The mechanism is based on the equation of the mathematician Laguerre. The LaguerreRSI MT4 indicator achieves this by using a filter and also incorporating some more changes to the usual relative strength indicator. Its data calculations uses the previous recent four bars. This is an indicator that a trader can use in technical trading. It is more responsive and has lesser noise as compared to the RSI indicator. How to install Laguerre mt4 indicator in forex trading platform metatrader 4 Extract the downloaded Laguerre.rar. Go to "File menu" in Mt4 trading platform and click "open data folder". Open Mql4 folder and open the indicators folder. Now paste the Laguerre.mq4 and Laguerre.ex4 files into indicators folder and restart the MetaTrader 4. The Laguerre RSI Indicator is a modification of the well-known relative strength indicator or RSI. John F. Ehlers, the famous trader who created the Laguerre RSI, tried to avoid whipsaws (noise) and lag produced by smoothing technical indicators by applying a filter and some changes to the original relative strength indicator. The result is a. RSI in cyan and FE in yellow. Look for trend exhaustion in the FE and a reversal of RSI or Price compression in FE and an RSI reversal. RSI Laguerre is one of the all time favorites. Laguerre Indicator is an excellent indicator for use in trade with the trend. Traders like it because it shows the market cycles in the selected period of graph better than most standard indicators of a set of MT4 platform. FXA0 - RSI Crossing 50 plus ATR - accurate indicator with additional recommendations. 22. 28935. Scalper X2 - double.

All of our ThinkOrSwim Indicator Tutorials. In this beginner thinkScript tutorial, we'll build an indicator to alert us whenever we are in "overly extended" territory, as measured by the Keltner Channels. muskegon music festival 2022. grasshopper 729 oil type. after parsing a value an unexpected character was encountered double quotes. Mar 08, 2022 &183; When the line turns. . How to trade with Laguerre RSI indicator. Laguerre Buy when RSI crosses up over 0.15. Sell when Laguerre RSI crosses below 0.85. While the indicator is working flat above 0.85 level, it means that the uptrend is strong. While the indicator works perfectly .15 level, it means that the downtrend is strong. Forex MT4 indicator Laguerre RSI. The FX Algotrader RSI Crossover Alert Indicator for Metatrader 4 is a hybrid indicator which provides a fully configurable RSI alert system with the added benefit of a Java control interface. Version 2 M (CP CPn) 100. The first version simply takes the difference between the two closing prices. The second version finds momentum as the rate of change in the price and is. . A reading of the FE over .6 is an indication that energy has been built up. If the FE is high (over .6) and RSI LaGuerre is breaking lower FE will follow suit. If RSI reverses and goes above .8 I&x27;m outa there, with the assumption I have a short position. FE is a gauge of both mean reverting and linearity. Descending readings indicate a trend is on. The Laguerre filter indicator is similar to a moving average. It is plotted on top of the chart. It has little lag and keeps tight to price movements. It is used as a setup to filter the signals from the Laguerre RSI indicator. Long trades should be entered only if, when the signal is received, the price is above the Laguerre filter indicator. The MTF version of the Laguerre RSI indicator enables you to select and use data from other time frames. For instance, you can choose to use data from the 1-hour chart while working with the. When using the LaguerreRSI indicator, what is most important is looking at the RSI position concerning the gamma levels (0, 0.15, 0.45, 0.85, and 1). The most important levels to. RSI in Laguerre Time with Fractal Energy. This is a NT8 converted version of the TOS (ThinkOrSwim) indicator. You can use it to trade reversals or continuation whenever both the RSI Lag and FE are in confluence. More usage details can be found on the TOS board here. zastava zpap m70 wood furniture. czch. Rsi laguerre indicator mobius thinkorswim options chain active trader tab. The 12 month clip rose to a 2. By Chesley Spencer November 21, 2 min read. Use a device compliance policy to set the level of risk you want interactive brokers marginable securities limit order vs stop order schwab allow. There are three mobile apps in total from the broker. A reading of the FE over .6 is an indication that energy has been built up. If the FE is high (over .6) and RSI LaGuerre is breaking lower FE will follow suit. If RSI reverses and goes above .8 I&x27;m outa there, with the assumption I have a short position. FE is a gauge of both mean reverting and linearity. Descending readings indicate a trend is on. B. backtrader administrators RandyT 16 Feb 2017, 1733. RandyT said in Laguerre RSI self .l 0 0 self .l1 0 self .l2 0 self .l3 0 There seems to be no append to this. References to -1 will be the same as references to 0 No need for them to be lines objects, because only 2 positions are used. When using the LaguerreRSI indicator, what is most important is looking at the RSI position concerning the gamma levels (0, 0.15, 0.45, 0.85, and 1). The most important levels to.

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. The FX Algotrader RSI Crossover Alert Indicator for Metatrader 4 is a hybrid indicator which provides a fully configurable RSI alert system with the added benefit of a Java control interface. Version 2 M (CP CPn) 100. The first version simply takes the difference between the two closing prices. The second version finds momentum as the rate of change in the price and is. A caracterstica distintiva relevante do indicador tcnico RSI Laguerre a situao quando a linha indicador assume um valor mnimo ou mximo em movimento estritamente de forma horizontal, o que significa poderoso movimento dirigido. Assim, se o indicador for igual a 1 e se mover horizontalmente, o movimento de forte tendncia, que. Laguerre RSI indicator is a powerful Vertex FX client side indicator based on the RSI indicator useful in determining market cycles. It is bounded between 0 and 100 but the period is.

When it comes to the MetaTrader Platform, Forex Station is the 1 forex forum for sourcing Non Repainting MT4MT5 Indicators, Trading Systems & EA&x27;s. LaguerreRSIv2.1mmtf.mq4 Logout. Adaptive Laguerre RSI.mq4 (8.34 KiB) Downloaded 827 times Adaptive Laguerre RSI - mtf.ex4 (30.87 KiB) Downloaded 854 times Adaptive Laguerre RSI - mtf 2.ex4 (37.33 KiB) Downloaded 807 times Adaptive Laguerre RSI - mtf 3.ex4 (44.79 KiB) Downloaded 943 times. Similar to the RSI, the Laguerre Relative Strength Index generates trading signals upon crossing its overbought and oversold levels. The original scale of the oscillator is from 0 to 1. A signal to buy is generated, when the Laguerre Relative Strength Index falls below the 0.15 level and then moves back above it. Adaptive Laguerre RSI.mq4 (8.34 KiB) Downloaded 827 times Adaptive Laguerre RSI - mtf.ex4 (30.87 KiB) Downloaded 854 times Adaptive Laguerre RSI - mtf 2.ex4 (37.33 KiB) Downloaded 807 times Adaptive Laguerre RSI - mtf 3.ex4 (44.79 KiB) Downloaded 943 times. Supertrend - Pine Script Indicator with Nifty Future charts This is my first indicator from a series of Pinescript Indicators. And of course, supertrend is one of my favorite indicators. So love to take this opportunity to code it in Pinescript supported by Tradingview charts with a huge community following. Hello traders Today is a Pinescript hack to display multiple colors in one. Free Laguerre Rsi Indicator for MT4MT5 Trading Platform - Download Now (.mq4 or .mq5) on Top-Trading-Indicators.com. MT4 Laguerre Indicators, MT4 Relative Strength Index (RSI). Laguerre RSI X3 Indicator. RSI Filter. CCI Filter VX 1.01 Indicator. RSI Filter Indicator. Adaptive Laguerre RSI Indicator. All Premium Trading Indicators. Most Popular MetaTrader Indicators of 2022. Laguerre ROC (Rate Of Change) 4. This indicator code apply a Laguerre filter to the Rate Of Change of price within the last "vPeriod". It could be assimilated as a Relative Strength Index (RSI) oscillator because of use of price difference of the ROC formula. Since a Laguerre filter is used to filter market noises, this oscillator better. The Laguerre RSI indicator is a small trading system based on the use of calculations of two Laguerre and RSI indicators at once. Each of these indicators is effective in its own way, and. Supertrend - Pine Script Indicator with Nifty Future charts This is my first indicator from a series of Pinescript Indicators. And of course, supertrend is one of my favorite indicators. So love to take this opportunity to code it in Pinescript supported by Tradingview charts with a huge community following. Hello traders Today is a Pinescript hack to display multiple colors in one.

The LaguerreRSI MT4 forex indicator achieves this by using a filter and incorporating more changes to the usual relative strength indicator. Its data calculations use the previous four recent bars. This is a forex indicator that a trader can use in technical forex trading. It is more responsive and has less noise as compared to the forex RSI. . Free Laguerre Rsi Indicator for MT4MT5 Trading Platform - Download Now (.mq4 or .mq5) on Top-Trading-Indicators.com. MT4 Laguerre Indicators, MT4 Relative Strength Index (RSI). The indicator QQE , is an interesting tool based on a Relative Strength Index (RSI). While the original RSI is often used as a pointer for overbought or oversold market phases, the QQE provides additional information. Use the QQE to display trend direction and trend strength. For me this is one of the most important > indicator for Trend Following. The Laguerre RSI forex strategy is a swing trading system that uses unique custom indicators that allows traders visualize zones of inactivity on the activity. Howbeit, our main interest is in. The traditional Laguerre RSI indicator is a popular forex oscillator indicator that tells you when the market is overbought or oversold. The MTF version of the Laguerre RSI indicator enables you to select and use data from other time frames. For instance, you can choose to use data from the 1-hour chart while working with the 5-minute chart.. The Laguerre RSI indicator is a small trading system based on the use of calculations of two Laguerre and RSI indicators at once. Each of these indicators is effective in its own way, and. Free Adaptive Laguerre RSI Indicator for MT4MT5 Trading Platform - Download Now (.mq4 or .mq5) on Top-Trading-Indicators.com. MT4 Adaptive Indicators, MT4 Laguerre Indicators, MT4 Relative Strength Index (RSI) Indicators with Open Source Code for MetaTrader 4 & 5. RSI in Laguerre Time with Fractal Energy TOS indicator. login for full post details) 1 (permalink) pnguyen720. Elite Member. Los Angeles. Experience Beginner. Platform NinjaTrader. Trading NQ CL GC.

Free Laguerre RSI X3 Indicator for MT4MT5 Trading Platform - Download Now (.mq4 or .mq5) on Top-Trading-Indicators.com. MT4 Laguerre Indicators, MT4 Relative Strength Index. Free Laguerre Rsi Indicator for MT4MT5 Trading Platform - Download Now (.mq4 or .mq5) on Top-Trading-Indicators.com. MT4 Laguerre Indicators, MT4 Relative Strength Index (RSI) Indicators with Open Source Code for MetaTrader 4 & 5. Here&x27;s the Laguerre RSI Indicator for MT4, if someone would like to convert it. Laguerre Indicator RJay, Should have looked first. Thank you very much. Silvester17 Comment. Post Cancel. AlphaOptions. Junior Member. Join Date Oct 2010; Posts 83 7. 10-04-2013, 1021 PM. RSI Laguerre indicator is an oscillator. How can you use this for trading.1) When the indicator crosses above the 0.15 level this is a buy signal. When the i. Join Doc at The Mad Hedge Traders and Investors Summit Come Join John Thomas, the Mad Hedge Fund Trader, for his Traders & Investors Summit from Tuesday, June 14 to Thursday, June 16, 2022. And don&x27;t miss Doc&x27;s presentation on "Zero Day Options continue. Event TRADING DISCUSSION. Sep 29, 2010 &183; QQE - Qualitative Quantitative Estimation MA on RSI, Difference of MA on RSI and MA of MA of ATR of MA of RSI - Free download of the 'QQE v02 and QQE multi-timeframe v02' indicator by 'ak20' for MetaTrader 5 in the MQL5 Code Base, 2010.09.29. This MT4 indicator works based on RSI using a smoothing technique. It is also used to determine the trend. Laguerre RSI (LRSI) was authored by John Ehlers. You can read about the Laguerre filter in his article, Time Warp Without Space Travel . At the heart of the LRSI indicator is. WT Laguerre Alert Indicator. X09 RSI Indicator. Laguerre Filter. Adaptive RSI Indicator. RSI Filter. RSI Crossing 50 plus ATR. RSI Channel. ATM RSI LiDo Indicator. Delta RSI Indicator. RSI TC. The Laguerre RSI indicator is a small trading system based on the use of calculations of two Laguerre and RSI indicators at once. Each of these indicators is effective in its own way, and therefore they are often used in trading. For example, Laguerre is a trend indicator that determines the direction of the trade, which should be opened during the current trend period, and the RSI indicator. The Laguerre RSI indicator is a small trading system based on the use of calculations of two Laguerre and RSI indicators at once. Each of these indicators is effective in its own way, and.

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B. backtrader administrators RandyT 16 Feb 2017, 1733. RandyT said in Laguerre RSI self .l 0 0 self .l1 0 self .l2 0 self .l3 0 There seems to be no append to this. References to -1 will be the same as references to 0 No need for them to be lines objects, because only 2 positions are used. Laguerre ROC (Rate Of Change) 4. This indicator code apply a Laguerre filter to the Rate Of Change of price within the last "vPeriod". It could be assimilated as a Relative Strength Index (RSI) oscillator because of use of price difference of the ROC formula. Since a Laguerre filter is used to filter market noises, this oscillator better. RSI Laguerre is one of the all time favorites in the opinion of many in The Thinkscript Lounge. TheoTrade has a YouTube video on this with "indicator finds tops and bottoms" in the description. Alerts are baked into the new (7-14-19) version below Rich (BB code). QuestionsStock ScannersRSI in LaGuerre Time Converted to Scan Back to Previous PageCategory Stock Scanners 0 0 Hello Pete, I&x27;m absolutely hooked on your videos, you&x27;re genius Thank you so much for doing great work and sharing such valuable information. If you don&x27;t mind could you possibly take a look at. The major parameter of the RSI Laguerre indicator for MetaTrader is the factor gamma which equals 0.7 by default. It is important to note when the value which is less than this level (for. How accurate is this rsiLaguerreTime Fractal Energy Indicator Check it out for yourself httpsusethinkscript.comthreadsrsi-in-laguerre-time-with-fracta. Join Doc at The Mad Hedge Traders and Investors Summit Come Join John Thomas, the Mad Hedge Fund Trader, for his Traders & Investors Summit from Tuesday, June 14 to Thursday, June 16, 2022. And don&x27;t miss Doc&x27;s presentation on "Zero Day Options continue. Event TRADING DISCUSSION.

Laguerre RSI X3 Indicator. RSI Filter. CCI Filter VX 1.01 Indicator. RSI Filter Indicator. Adaptive Laguerre RSI Indicator. All Premium Trading Indicators. Most Popular MetaTrader Indicators of 2022. The relevant distinguishing characteristic of the technical indicator RSI Laguerre is the situation when the indicator line takes minimal or maximal value moving strictly in horizontal way; it means powerful directed movement. Thus, if the indicator equals 1 and moves horizontally, strong trend movement, which is pointed up, prevails on the market. The major parameter of the RSI Laguerre indicator for MetaTrader is the factor gamma which equals 0.7 by default. It is important to note when the value which is less than this level (for. Laguerre ROC (Rate Of Change) 4. This indicator code apply a Laguerre filter to the Rate Of Change of price within the last vPeriod. It could be assimilated as a Relative Strength. Laguerre RSI indicator settings. Gamma 0.85. Count Bars 9500. Forex trades can choose to play with Laguerre RSI settings in order to make the Laguerre indicator more or less sensitive. The Relative Strength Index (RSI) Indicator is great for intraday and day trading. Learn all about what it is and the trading strategies to use with it. Laguerre RSI indicator is a powerful Vertex FX client side indicator based on the RSI indicator useful in determining market cycles. It is bounded between 0 and 100 but the period is calculated dynamically based upon the market cycle. To. A caracterstica distintiva relevante do indicador tcnico RSI Laguerre a situao quando a linha indicador assume um valor mnimo ou mximo em movimento estritamente de forma horizontal, o que significa poderoso movimento dirigido. Assim, se o indicador for igual a 1 e se mover horizontalmente, o movimento de forte tendncia, que. Indicator Description The Laguerre RSI is a modified version of the standard RSI with reduced noise and lag. The indicator is more responsive to price and has fewer whipsaws. The idea is to buy when the indicator crosses above 0.2 and to sell when it crosses below 0.8. You may have a strong uptrend when the indicator stays flat above the 0.8 level. The Laguerre RSI indicator is a small trading system based on the use of calculations of two Laguerre and RSI indicators at once. Each of these indicators is effective in its own way, and therefore they are often used in trading. For example, Laguerre is a trend indicator that determines the direction of the trade, which should be opened during the current trend period, and the RSI indicator.

QuestionsStock ScannersRSI in LaGuerre Time Converted to Scan Back to Previous PageCategory Stock Scanners 0 0 Hello Pete, I&x27;m absolutely hooked on your videos, you&x27;re genius Thank you so much for doing great work and sharing such valuable information. If you don&x27;t mind could you possibly take a look at. Download indicator LaguerreFilter.mq4 Laguerre RSI indicator the same as Laguerre, both paint the same picture. Laguerre RSI indicator settings Gamma 0.85 Count Bars 9500 Default. Laguerre RSI Indicator mq4 free download for Metatrader 4 or Metatrader 5 . As a matter of fact, you are at the appropriate place if the reason you are checking out is to download the Laguerre RSI fx indicator without the need to spend a single cent. This indicator has been tested in both the edition of Metatraders - MT4 and also MT4 and it. Laguerre RSI is based on John EHLERS&x27; Laguerre Filter to avoid the noise of RSI . Change alpha coefficient to increasedecrease 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. Laguerre Indicator Can you tell me if the Laguerre RSI is available for NT7 Thanks Comment. Post Cancel. NinjaTraderBobbyY. NinjaTrader Customer Service. Join Date Oct 2015; Posts 32 11. 12-28-2015, 0937 AM. skilo, NinjaTrader doesn&x27;t provide that indicator as a default. The Laguerre RSI MT4 indicator is a custom indicator based on the traditional RSI indicator and it can be useful in determining market cycles. But,unlike the RSI indicator which can produce a lot. The traditional Laguerre RSI indicator is a popular forex oscillator indicator that tells you when the market is overbought or oversold. The MTF version of the Laguerre RSI indicator enables you to select and use data from other time frames. For instance, you can choose to use data from the 1-hour chart while working with the 5-minute chart.. This is RSI indicator which is more sesitive to price changes. It is based upon a modern math tool - Laguerre transform filter. With help of Laguerre filter one becomes able to create superior indicators using very short data lengths as well. The use of shorter data lengths means you can make the indicators more responsive to changes in the price. The Laguerre RSI Metatrader 4 forex indicator is a very popular trend oscillator used in many strategies and systems. It was authored by John Ehlers as a technique he used to "warp" the time coefficients of a regular EMA filter, thereby resulting in a quicker response. The Laguerre RSI indicator is known to behave in the same way as the.

The Laguerre RSI Indicator is a modification of the well-known relative strength indicator or RSI. John F. Ehlers, the famous trader who created the Laguerre RSI, tried to avoid whipsaws (noise) and lag produced by smoothing technical indicators by applying a filter and some changes to the original relative strength indicator. A reading of the FE over .6 is an indication that energy has been built up. If the FE is high (over .6) and RSI LaGuerre is breaking lower FE will follow suit. If RSI reverses and goes above .8 I&x27;m outa there, with the assumption I have a short position. FE is a gauge of both mean reverting and linearity. Descending readings indicate a trend is on. Designed by John Ehlers, the Laguerre Relative Strength Index attempts to avoid whipsaws and lag, which traditional RSI tends to show. The Laguerre Relative Strength Index uses a four. RSI in Laguerre Time with Fractal Energy. This is a NT8 converted version of the TOS (ThinkOrSwim) indicator. You can use it to trade reversals or continuation whenever both the RSI Lag and FE are in confluence. More usage details can be found on the TOS board here. The Laguerre indicator is an indicator used to perceive the overall quality document in the market design and the moving worth ordinary. Representatives who need to get lots of. Sep 29, 2010 &183; QQE - Qualitative Quantitative Estimation MA on RSI, Difference of MA on RSI and MA of MA of ATR of MA of RSI - Free download of the 'QQE v02 and QQE multi-timeframe v02' indicator by 'ak20' for MetaTrader 5 in the MQL5 Code Base, 2010.09.29. This MT4 indicator works based on RSI using a smoothing technique. It is also used to determine the trend. At the heart of the LRSI indicator is the Laguerre Transform. The mathematics and explication of the Laguerre filter is well beyond the scope of this article or my understanding. In short, John Ehlers appears to use this technique to "warp" the time coefficients of a traditional EMA filter which results in a quicker response.