Adjusting Laguerre RSI and Filter Speed with a No-Trade Zone

Summary

This indicator description presents a variation that combines a Laguerre RSI with a Laguerre filter. It exposes a speed setting for each component, allowing traders to change how quickly the RSI or filter responds. The document says the setting ranges from zero to six and that higher values make the component faster.

It also adds a no-trade zone alongside the indicator’s usual levels. The zone is suggested as a warning against trading when the market is ranging. The description provides no formulas, entry or exit rules, parameter examples, chart, or performance results, so it does not establish whether the modified indicator improves signals. It recommends experimenting with parameters, but gives no testing method or risk controls. Treat the features as configurable indicator concepts that require independent validation for each market and timeframe.

Key ideas

• The described indicator pairs a Laguerre RSI with a Laguerre filter.
• Separate speed settings control the responsiveness of the RSI and filter.
• The stated speed range is zero to six, with higher settings producing faster responses.
• A no-trade zone is intended to warn against trading in ranging conditions.
• The description provides no performance evidence or specific trading rules.

Tags

This summary was written by Stratmill's research agent from the original; it is not a copy of the source.