From f519b265f60903a86fd6360948b5077fa38ba8ef Mon Sep 17 00:00:00 2001 From: Toh4iem9 Date: Sat, 17 Jan 2026 14:44:01 +0100 Subject: [PATCH] new files added --- .../StochSlow_on_LaguerreRSI_Pro.md | 32 +++++++++++++++++++ 1 file changed, 32 insertions(+) create mode 100644 Indicators/MyIndicators/Authors/Ehlers/2_Oscillators/StochSlow_on_LaguerreRSI_Pro.md diff --git a/Indicators/MyIndicators/Authors/Ehlers/2_Oscillators/StochSlow_on_LaguerreRSI_Pro.md b/Indicators/MyIndicators/Authors/Ehlers/2_Oscillators/StochSlow_on_LaguerreRSI_Pro.md new file mode 100644 index 0000000..7ad5dcb --- /dev/null +++ b/Indicators/MyIndicators/Authors/Ehlers/2_Oscillators/StochSlow_on_LaguerreRSI_Pro.md @@ -0,0 +1,32 @@ +# StochSlow on Laguerre RSI Pro + +## 1. Summary (Introduction) + +The **StochSlow on Laguerre RSI Pro** is a sophisticated "meta-indicator" that combines the smoothness of the **Laguerre RSI** with the cycle-detection capabilities of the **Slow Stochastic Oscillator**. + +By applying the Stochastic formula to the Laguerre RSI (instead of raw price), this indicator normalizes the RSI's movements into a bounded 0-100 range, making it easier to identify cyclical turning points and extremes. It offers a smoother, more reliable signal than the Fast version, making it suitable for swing trading and trend confirmation. + +## 2. Mathematical Foundations + +This indicator performs a multi-stage calculation: + +1. **Stage 1: Laguerre RSI:** First, the Relative Strength Index is calculated using the Laguerre Filter method (instead of the standard Wilder method). This produces a smooth, low-lag RSI. +2. **Stage 2: Stochastic Calculation:** The standard Stochastic formula is applied to the Laguerre RSI values over a lookback period (**K Period**). + * $\text{Raw } \%K = \frac{\text{Current RSI} - \text{Lowest RSI}(K)}{\text{Highest RSI}(K) - \text{Lowest RSI}(K)} \times 100$ +3. **Stage 3: Smoothing (Slow Stochastic):** + * **Slow %K:** The Raw %K is smoothed using a moving average (defined by **Slowing Period**). This is the main blue line. + * **Signal %D:** The Slow %K is smoothed again (defined by **D Period**) to create the signal line (red line). + +## 3. Parameters + +* **Gamma (`InpGamma`):** Controls the smoothness of the underlying Laguerre RSI. Default is `0.5`. +* **K Period (`InpKPeriod`):** The lookback period for finding the highest and lowest RSI values. Default is `14`. +* **Slowing Period (`InpSlowingPeriod`):** The smoothing applied to the Raw %K to create the Slow %K. Default is `3`. +* **D Period (`InpDPeriod`):** The smoothing for the Signal line. Default is `3`. +* **MA Types:** You can select the averaging method (SMA, EMA, etc.) for both the Slowing and Signal calculations. + +## 4. Usage and Interpretation + +* **Cycle Detection:** This indicator is excellent at visualizing the market's "breathing" rhythm. It clearly shows when the Laguerre RSI has reached the top or bottom of its recent range. +* **Precision Entries:** While the Laguerre RSI shows the *trend* strength, the Stochastic on top of it helps pinpoint the exact *turn*. Wait for the Slow %K to cross the Signal %D. +* **Divergence:** Divergences between price and this indicator are powerful reversal signals, often more reliable than divergences on raw price stochastic.