OPEN-SOURCE SCRIPT
Laguerre RSI - non repainting

It seems that the traditional Laguerre* functions repaint due to the gamma parameter.
That goes even for the editorial pick here.
But one could use calculation period instead of "gamma" parameter. This gives us a non-repainting Laguerre RSI fit for scalping trends.
At first glance, I haven't seen anyone do this with a pine script, but I could be wrong because it's not a big deal.
So here is a variation of Laguerre RSI, without repainting. It's a little bit more insensitive, but this is not of great importance, since only the extreme values are used for confirmation.
( * Laguerre RSI is based on John EHLERS' Laguerre Filter to avoid the noise of RSI.)
And if you implement this indicator into a strategy (like I do) I can give you a trick.
Traditionaly the condition is at follows:
LaRSI = cd == 0 ? 100 : cu / (cu + cd)
(this is the final part of the indicator before the plotting)
LongLaguerre= LaRSI<dnb
ShortLaguerre= LaRSI>upb
It's fine for the short (ot exit long), but for the long is better to make a swich between the CD and CU parameters, as follows:
LaRSI1 = cd == 0 ? 100 : cu / (cu + cd)
LaRSI2 = cu == 0 ? 100 : cu / (cu + cd)
LongLaguerre= LaRSI2<dnb
ShortLaguerre= LaRSI1>upb
That goes even for the editorial pick here.
But one could use calculation period instead of "gamma" parameter. This gives us a non-repainting Laguerre RSI fit for scalping trends.
At first glance, I haven't seen anyone do this with a pine script, but I could be wrong because it's not a big deal.
So here is a variation of Laguerre RSI, without repainting. It's a little bit more insensitive, but this is not of great importance, since only the extreme values are used for confirmation.
( * Laguerre RSI is based on John EHLERS' Laguerre Filter to avoid the noise of RSI.)
And if you implement this indicator into a strategy (like I do) I can give you a trick.
Traditionaly the condition is at follows:
LaRSI = cd == 0 ? 100 : cu / (cu + cd)
(this is the final part of the indicator before the plotting)
LongLaguerre= LaRSI<dnb
ShortLaguerre= LaRSI>upb
It's fine for the short (ot exit long), but for the long is better to make a swich between the CD and CU parameters, as follows:
LaRSI1 = cd == 0 ? 100 : cu / (cu + cd)
LaRSI2 = cu == 0 ? 100 : cu / (cu + cd)
LongLaguerre= LaRSI2<dnb
ShortLaguerre= LaRSI1>upb
Skrip open-source
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Pernyataan Penyangkalan
Informasi dan publikasi tidak dimaksudkan untuk menjadi, dan bukan merupakan saran keuangan, investasi, perdagangan, atau rekomendasi lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Persyaratan Penggunaan.
Skrip open-source
Dengan semangat TradingView yang sesungguhnya, penulis skrip ini telah menjadikannya sumber terbuka, sehingga para trader dapat meninjau dan memverifikasi fungsinya. Hormat untuk penulisnya! Meskipun anda dapat menggunakannya secara gratis, ingatlah bahwa penerbitan ulang kode tersebut tunduk pada Tata Tertib kami.
Pernyataan Penyangkalan
Informasi dan publikasi tidak dimaksudkan untuk menjadi, dan bukan merupakan saran keuangan, investasi, perdagangan, atau rekomendasi lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Persyaratan Penggunaan.