OPEN-SOURCE SCRIPT

Ehlers Laguerre Relative Strength Index [CC]

By cheatcountry
The Laguerre Relative Strength Index was created by John Ehlers and this is essentially his version of the RSI but I find that the buy and sell signals work better with his version as you can see. Buy when the line turns green and sell when the line turns red.

Let me know if there are any other indicators you want me to publish!
Centered OscillatorsehlerehlersjohnjohnehlerslaguerrelaguerrefilterLaguerre Relative Strength Index (Laguerre RSI)OscillatorsRelative Strength Index (RSI)
cheatcountry
I created the largest stock indicator library:
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Open-source script

In true TradingView spirit, the author of this script has published it open-source, so traders can understand and verify it. Cheers to the author! You may use it for free, but reuse of this code in publication is governed by House rules. You can favorite it to use it on a chart.

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