Laguerre Channel indicator for channel trading strategies

Laguerre Channel indicator builds a channel of price movement. Due to the early determination of the direction trend, the channel is able to adapt quickly and keep the price in the channel. The basis of this indicator is a moving Laguerre.

Laguerre Channel indicator
Laguerre Channel indicator

The channel takes into account volatility previous bars and on this basis constructs a dynamic channel width. Also takes into account the direction and strength of the trend, on this data, the upper and lower lines of the channel can be ahead of the average line, thus trying to keep the price in the channel.

Laguerre Channel indicator settings

  • gamma — коэффициент сглаживания
  • Shift — Сдвиг
  • Applied_Price — тип цены
  • Filters Qty — количество фильтров от 1 до 10, чем больше фильтров, тем больше сглаживание
  • Deviation — ширина канала
  • Volatility — волатильность предыдущих баров для определения динамической ширины канала
  • Trend_Dynamic — коэффициент ускорения подстройки канала под тренд
  • Channel_Average — коэффициент сглаживания верхней и нижней линии канала

Download Laguerre Channel indicator

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