OPEN-SOURCE SCRIPT
Laguerre PPO 4C
4 Colored Laguerre PPO
lime = positive rising
green = positive descending
red = positive descending
maroon = positive rising
Enjoy :)
tradingview.com/wiki/Price_Oscillator_(PPO)
The Laguerre Filter is a smoothing filter based on Laguerre polynomials.
lime = positive rising
green = positive descending
red = positive descending
maroon = positive rising
Enjoy :)
tradingview.com/wiki/Price_Oscillator_(PPO)
The Laguerre Filter is a smoothing filter based on Laguerre polynomials.
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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