Laguerre RSI EA

**funyoo** · 10-27-2008 18:18

EA based on the famous Laguerre RSI indicator.

Laguerre RSI goes in the indicators folder.

EU H4. SL160 TP1000 MM true Risk 1.3. Since january 2008.

Total net profit : 92.93%
RDD : 29.37%

**TREND RIDER** · 12-30-2008 18:33

GOOD EA,

BUT PLEASE ADD A EMA FILTER.
i.e: WHEN PRICE IS ABOVE MA=BUY AND BELOW=SELL, IF LAGUERE-RSI AGREES.

**funyoo** · 12-30-2008 19:11

Originally Posted by TREND RIDER

GOOD EA,

BUT PLEASE ADD A EMA FILTER.
i.e: WHEN PRICE IS ABOVE MA=BUY AND BELOW=SELL, IF LAGUERE-RSI AGREES.

Here is the ema filter version.

**TREND RIDER** · 12-31-2008 10:23

Originally Posted by funyoo

Here is the ema filter version.

THANKS, GOOD WORK. I WILL PUT IT TO FOWARD TEST AND SHOW RESULT LATTER.

**Docron** · 01-13-2009 01:09

But in this example of you I recognizes several wrong signals. In my picture I marked these areas in each case by yellow rectangles. Only by the indicator "Laguerre_RSI" and a Moving average filter these false signals are not eliminateable....

If one more exactly looks at the rectangles marked here, one sees that these false signals originate always during time phases more distinctive sidelong movements.

Well possibly that one finds the good variant to the avoidance of these false signals by the application of an ADX filter (Moving average over the ADX line too)?? An other idea: use of a filter "Outbreak lowest volatility" (Bands, ATR etc.).

**bahaman** · 10-09-2009 19:09

Originally Posted by funyoo

EA based on the famous Laguerre RSI indicator.

Laguerre RSI goes in the indicators folder.

EU H4. SL160 TP1000 MM true Risk 1.3. Since january 2008.

Total net profit : 92.93%
RDD : 29.37%

You have maybe enabled the time filter ?

Put 2 Level
1. extern double LaguerreRSILevel1=0.75;
2. extern double LaguerreRSILevel2=0.25;

**FXP** · 10-13-2009 07:51

I think an EMA slope will be useful here (if EMA is pointing down take short trades, and the opposite for long).

**luckySword** · 01-22-2010 01:43

as a filter for LRSI, Laguerre filter would be the best!

Code:

//+------------------------------------------------------------------+
//|                                               LaguerreFilter.mq4 |
//|                                  Copyright © 2006, Forex-TSD.com |
//|                         Written by IgorAD,igorad2003@yahoo.co.uk |   
//|            http://finance.groups.yahoo.com/group/TrendLaboratory |                                      
//+------------------------------------------------------------------+
#property copyright "Copyright © 2006, Forex-TSD.com "
#property link      "http://www.forex-tsd.com/"
#property indicator_chart_window

#property indicator_color1 Yellow

//---- input parameters
extern double    gamma      = 0.7;
extern int       Price_Type = 0; 
//---- buffers
double Filter[];
double L0[];
double L1[];
double L2[];
double L3[];

//+------------------------------------------------------------------+
//| Custom indicator initialization function                         |
//+------------------------------------------------------------------+
int init()
{
   IndicatorBuffers(5);
//---- indicators
   SetIndexStyle(0, DRAW_LINE);
   SetIndexDrawBegin(0, 1);
	SetIndexLabel(0, "LaguerreFilter");
	SetIndexBuffer(0, Filter);
   SetIndexBuffer(1, L0);
   SetIndexBuffer(2, L1);
   SetIndexBuffer(3, L2);
   SetIndexBuffer(4, L3);
//----
   string short_name="LaguerreFilter(" + DoubleToStr(gamma, 2) + ")";
   IndicatorShortName(short_name);
   return(0);
}

//+------------------------------------------------------------------+
//| Custor indicator deinitialization function                       |
//+------------------------------------------------------------------+
int deinit()
{
   return(0);
}

//+------------------------------------------------------------------+
//| Custom indicator iteration function                              |
//+------------------------------------------------------------------+
int start()
{
	int    limit;
	int    counted_bars = IndicatorCounted();
	double CU, CD;
	//---- last counted bar will be recounted
	if (counted_bars>0)
		counted_bars--;
	else
		counted_bars = 1;
	limit = Bars - counted_bars;
	//---- computations for RSI
	for (int i=limit; i>=0; i--)
	{
		double Price=iMA(NULL,0,1,0,0,Price_Type,i);
		
		L0[i] = (1.0 - gamma)*Price + gamma*L0[i+1];
		L1[i] = -gamma*L0[i] + L0[i+1] + gamma*L1[i+1];
		L2[i] = -gamma*L1[i] + L1[i+1] + gamma*L2[i+1];
		L3[i] = -gamma*L2[i] + L2[i+1] + gamma*L3[i+1];
		
		CU = 0;
		CD = 0;
		if (L0[i] >= L1[i])
			CU = L0[i] - L1[i];
		else
			CD = L1[i] - L0[i];
		if (L1[i] >= L2[i])
			CU = CU + L1[i] - L2[i];
		else
			CD = CD + L2[i] - L1[i];
		if (L2[i] >= L3[i])
			CU = CU + L2[i] - L3[i];
		else
			CD = CD + L3[i] - L2[i];

		if (CU + CD != 0)
			Filter[i] = (L0[i] + 2 * L1[i] + 2 * L2[i] + L3[i]) / 6.0;
	}
   return(0);
}
//+------------------------------------------------------------------+

i give a fast try by modifying the Laguerre RSI EA (ema filter) above, to filter base on Laguerre.. iCustom(NULL,0,"Laguerre Filter",gamma,0,i) it gives better result than with MA filter ..

**Vibes** · 03-03-2011 17:12

Thank you for this great site, i am very happy to found this page and i am learned a lot in this Time.
Thank you very much Funyoo.

I trade always manuell with the Laguerre Indicator, and i am happy to test it out.
I changed the cross lines from 0.75 and 0.25 to 0.65 and 0.35 otherwise there are too much false signals.
Of course the Laguerre Indicator is nothing else then MACD 5/13/1 or EMA 5/8 or also in a seperate Window the zero line cross of a SMA 1....But I like the Laguerre!
Anyway the trees do not grow to the sky: It is a backtest over 3 Years!!!!
1% Risk/Trade

Good Luck Vibes

**Brimspark** · 05-25-2011 04:42

Hey, was wondering if the levels for the Laguerre trigger for trades could be modifiable.

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