OPEN-SOURCE SCRIPT
TheLark LMA (Laguerre) v2 - multi timeframe

What's new?
v2 has added multi timeframe support.
Blatantly stole Chris Moody's code for multi timeframe, because why re-invent the wheel? Thanks Chris ;P
BUT -- modified the coloring to work correctly with higher timeframes, just another Lark hack, so it's a give and take :)
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The Laguerre Average (filter) was discovered by John Ehlers.
It's a newer type of averaging that is meant to take out as much of the
inherent lag that your typical EMA and SMA's give at the start of a major trend change.
So what you get is an average that turns more quickly at major trend changes,
and doesn't get tripped up on the noise (as much).
_____________________________
Please thumbs up/ star/ whatever this script if you like it & use it!
See my profile for more scripts, & be sure to follow for future releases.
Sorry for my hiatus, extremely busy these days working on both my own and client work.
This script was a user request.
v2 has added multi timeframe support.
Blatantly stole Chris Moody's code for multi timeframe, because why re-invent the wheel? Thanks Chris ;P
BUT -- modified the coloring to work correctly with higher timeframes, just another Lark hack, so it's a give and take :)
_____________________________
The Laguerre Average (filter) was discovered by John Ehlers.
It's a newer type of averaging that is meant to take out as much of the
inherent lag that your typical EMA and SMA's give at the start of a major trend change.
So what you get is an average that turns more quickly at major trend changes,
and doesn't get tripped up on the noise (as much).
_____________________________
Please thumbs up/ star/ whatever this script if you like it & use it!
See my profile for more scripts, & be sure to follow for future releases.
Sorry for my hiatus, extremely busy these days working on both my own and client work.
This script was a user request.
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.
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.