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OPEN-SOURCE SCRIPT

Laguerre RSI (Self Adjusting Alpha with Fractals Energy)

By everget
Wizard
Updated
Laguerre RSI (Self Adjusting Alpha with Fractals Energy) indicator script. I adopted idea from prorealcode.com/prorealtime-indicators/rsi-laguerre-adjusting-gamma-fractals-energy/ and

If you disable `Apply Fractals Energy` option, you will get the original Laguerre RSI.
Release Notes
Refactored
Release Notes
  • Refactored
buysignalehlersExponential Moving Average (EMA)laguerreLaguerre Relative Strength Index (Laguerre RSI)lrsiOscillatorsoverboughtoversoldRelative Strength Index (RSI)sellsignal

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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everget
Wizard
Freelance -> Telegram: @alex_everget

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