Laguerre RSI by KivancOzbilgic STRATEGYBacktesting.
" 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
Laguerre
BTC GENIE-CYCLES & MOTREND: Beginning of a strong TrendThe merging of the short and long cycle length Hurst Cycles in addition to the upswing of the Laguerre moving filter set to 40 days, make a long entry in the next couple a good entry point to capture the beginning of the next long term trend. As the Genie-Cycles indicator is projecting, (transparent bubbles on right of chart) expect a reversion period prior to next leg up. Bottom chart MOTREND is indicating the beginning of a new trend as well. Stiffness indicator on unbroken upswing. It is what it is until it isn't ;√)
TNDM will see huge growth - This is a great BUY opportunityTandem just got FDA approval for their t:slim x2 with BASAL-IQ and will be integrating the device with Dexcom G6. Sales will begin as early as August while expansion into several international markets is ongoing. In the meantime, we should expect to see FDA approval for Control-IQ in the first half of 2019. The company will reach cash break even point next year also. Technical chart should soon enter the previous falling wedge and hopefully break through it.
Custom Code that Finds Market Tops!!!CM_Laguerre PPO PercentileRank - Markets Topping
Original Laguerre PPO code was Created by TheLark.
I found if I applied a Percent Rank of the PPO to view Extreme Moves in the PPO it was great at showing Market Tops.
Features via Inputs Tab:
Ability to set all PPO Indicator Values.
Ability to set Warning Threshold Line Value and Extreme Percentile Threshold Line Values.
Ability to turn On/Off Warning and Extreme Percentile Rank Lines.
***I’ve found this Indicator to be Valid…However, I have NOT Extensively tested the Settings. Initially setting the LookBack Period to 200 on A Daily chart with a 90 Extreme Percentile Rank Value works Good. Some charts changing the Lookback period to 50 an draisisng the Extreme Percentile Rank Line to 95 Works Great.
***To Be Blunt…When I look at the underlying Indicator…I don’t know why this Shows Us What It Does When the Percentile Rank Function is applied to it…But For Whatever Reason…It Just Works.
***If you Find Very Useful Settings Please Post Below
Other Indicators That Show Market Bottoms Well.
CM ATR PERCENTILERANK - GREAT FOR SHOWING MARKET BOTTOMS!
GREAT CONFIRMING INDICATOR FOR THE WILLIAMS VIX FIX
TWO TRADING SYSTEMS - BASED ON EXTREME MOVES!!!