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jaggedsoft

Laguerre True Range

jaggedsoft  
Trend Analysis laguerre
386
3
trendanalysis laguerre
A ribbon of 18 Laguerre Filters with separate Gamma values is calculated. To see them enable "Draw Ribbon"
An average of the 18 filters generates the basis line. Then, Golden Mean ATR over the specified sampling period multiplied by 1 and 2 are added and subtracted to the basis line to generate the bands.

Original by DonovanWall
Laguerre Multi-Filter [DW]
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 a publication is governed by House Rules. You can favorite it to use it on a chart.

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