OPEN-SOURCE SCRIPT
TheLark LMA (Laguerre) v2 - multi timeframe
What's new?
v2 has added multi timeframe support.
Blatantly stole Chris Moody's code for multi timeframe, because why re-invent the wheel? Thanks Chris ;P
BUT -- modified the coloring to work correctly with higher timeframes, just another Lark hack, so it's a give and take :)
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The Laguerre Average (filter) was discovered by John Ehlers.
It's a newer type of averaging that is meant to take out as much of the
inherent lag that your typical EMA and SMA's give at the start of a major trend change.
So what you get is an average that turns more quickly at major trend changes,
and doesn't get tripped up on the noise (as much).
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Please thumbs up/ star/ whatever this script if you like it & use it!
See my profile for more scripts, & be sure to follow for future releases.
Sorry for my hiatus, extremely busy these days working on both my own and client work.
This script was a user request.
v2 has added multi timeframe support.
Blatantly stole Chris Moody's code for multi timeframe, because why re-invent the wheel? Thanks Chris ;P
BUT -- modified the coloring to work correctly with higher timeframes, just another Lark hack, so it's a give and take :)
_____________________________
The Laguerre Average (filter) was discovered by John Ehlers.
It's a newer type of averaging that is meant to take out as much of the
inherent lag that your typical EMA and SMA's give at the start of a major trend change.
So what you get is an average that turns more quickly at major trend changes,
and doesn't get tripped up on the noise (as much).
_____________________________
Please thumbs up/ star/ whatever this script if you like it & use it!
See my profile for more scripts, & be sure to follow for future releases.
Sorry for my hiatus, extremely busy these days working on both my own and client work.
This script was a user request.
Script open-source
In pieno spirito TradingView, l'autore di questo script lo ha pubblicato open-source, in modo che i trader possano comprenderlo e verificarlo. Un saluto all'autore! È possibile utilizzarlo gratuitamente, ma il riutilizzo di questo codice in una pubblicazione è regolato dal nostro Regolamento. Per aggiungerlo al grafico, mettilo tra i preferiti.
Vuoi usare questo script sui tuoi grafici?
Declinazione di responsabilità
Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.