Laguerre RSI
An RSI run through a Laguerre filter — very smooth, with a single alpha knob to trade lag for smoothness.
How to read it
Laguerre RSI runs on a 0–1 scale (rather than 0–100) and uses a Laguerre filter to stay very smooth. It tends to 'stick' near 1 in a strong up-move and near 0 in a down-move, then snap across quickly, so the extremes are clean and decisive.
Trading signals
Common thresholds are 0.85 (overbought) and 0.15 (oversold). A move up off 0.15 is a long cue, a drop from 0.85 a short/exit. Because it sticks at the extremes, it stays long in a real trend instead of flip-flopping — but that same stickiness means it lags a sharp reversal.
Parameters
Laguerre Alpha (0–1) is the filter's damping: higher is smoother but lags more, lower is snappier. LaguerreRSI MA Period smooths the output further. Small Alpha changes have a big effect, so adjust it gently.
- Laguerre Alpha
- Filter damping 0…1; higher is smoother but lags more.
- LaguerreRSI MA Period
- Smoothing MA applied to the Laguerre RSI.