Ehler Laguerre RSI Analysis and Ehlers RSI Signals
Created by John Ehler.
Originally used to trade shares and commodities.
The Ehler RSI technique employs a four-component Laguerre filter to achieve a "time warp" effect, causing lower-frequency elements, such as significant XAUUSD price spikes, to be delayed far more than the higher-frequency components. This specialized indicator facilitates the creation of smoother filters using less extensive datasets.
The Ehlers RSI uses numbers from 0 to 100, the middle line makes signals, and the 80/20 areas show when something is bought or sold too much.
Optimize only the damping gamma for this indicator, set between 0.5 and 0.85 to match your style.
Ehler Laguerre RSI
Analysis and How to Generate Signals
This implementation of the Laguerre RSI uses a scale of 0-100.
XAUUSD Cross-over Signals
Gold Buy Signal: An Ehlers RSI crossing above the 50 level threshold generates a buy signal.
Sell Trading Signal Confirmation – A sell signal is generated once the Ehlers RSI crosses beneath the 50 level mark.
Overbought/Over-sold Levels in Indicator
Overbought/Over-sold Levels in Indicator
A typical use of the Laguerre RSI is to buy after it crosses back above the 20 % level & sell after it crosses back below the 80% level.
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