Newbie Here...any Knowledge of a JE Leguere Strategy

[neilzep1520887474 10]

thxs. neil

[Guest forsearch]

Never heard of it.

 

But then again your spelling might be off too.

 

Try google and let us know what you find.

 

-fs

[neilzep1520887474 10]

Inputs:{Laguerre RSI Inputs}

LagPrice(wc),

gamm(.62), {damping factor, adjust to best suit your data, 0.50 - 0.85 }

{Schaff Inputs}

Factor(1),

Period(0),

Fast(5),

Slow(34),

Type(7),

Length(3);

 

Vars: {Laguerre RSI Variables}

L0(0),L1(0),L2(0),L3(0),CU(0),CD(0),LgRSI(0);

 

{Schaff Code}

If MTF(Factor) Then Begin

If Length < 1 Then

Value1 = Natural(Hilbert(Factor, Value2) * Factor)

Else

Value1 = Length;

 

Value2 = TypeAverageMTF(Factor,Schaff(Factor,Period,Fast,Sl ow),Value1,Type,0);

 

End;

 

{Laguerre RSI Code}

L0 = (1 - gamm)*LagPrice + gamm*L0[1];

L1 = - gamm *L0 + L0[1] + gamm *L1[1];

L2 = - gamm *L1 + L1[1] + gamm *L2[1];

L3 = - gamm *L2 + L2[1] + gamm *L3[1];

 

CU = 0;

CD = 0;

 

If L0 >= L1 then CU = L0 - L1 else CD = L1 - L0;

If L1 >= L2 then CU = CU + L1 - L2 else CD = CD + L2 - L1;

If L2 >= L3 then CU = CU + L2 - L3 else CD = CD + L3 - L2;

If CU + CD <> 0 then LgRSI = 100*CU / (CU + CD);

 

Value3 = LgRSI;

 

{Calculating and Plotting New Indicator}

 

Value4 = (Value2 + Value3) / 2;

 

 

Plot1(Value4,"Lag/Sch Avg");

Plot2(80,"80");

Plot3(20,"20");

 

here is the indicator EL from TS. Wanting to create a futures(ES or ER2) strategy that buys at 20(oversold) and sells at 80(overbought) or if it stays up there to continue to hold it and vice versa on the sell short end.

The Leg is just a oscillator so I presume any oscillator settins would suffice.

[Kiwi 16]

Its a variation on rsi and probably some "rules" for trading it. Like all variations the author promotes it as better and perhaps it is. Certainly it gives the author a few moments of fame.

[thrunner 10]

Probably need to read 'Time Warp Without Space Travel' by JE again.

It is always good to attribute code you copy and post. In this case, JE in the title of this thread is John Ehlers.