From f760edc2136b197917a1973084fed8e0c57c4b0e Mon Sep 17 00:00:00 2001 From: Toh4iem9 Date: Sat, 17 Jan 2026 21:44:24 +0100 Subject: [PATCH] new files added --- .../Ehlers/2_Oscillators/Laguerre_ROC_Pro.md | 54 +++++++++++++++++++ 1 file changed, 54 insertions(+) create mode 100644 Indicators/MyIndicators/Authors/Ehlers/2_Oscillators/Laguerre_ROC_Pro.md diff --git a/Indicators/MyIndicators/Authors/Ehlers/2_Oscillators/Laguerre_ROC_Pro.md b/Indicators/MyIndicators/Authors/Ehlers/2_Oscillators/Laguerre_ROC_Pro.md new file mode 100644 index 0000000..b88669b --- /dev/null +++ b/Indicators/MyIndicators/Authors/Ehlers/2_Oscillators/Laguerre_ROC_Pro.md @@ -0,0 +1,54 @@ +# Laguerre ROC Pro (Rate of Change) + +## 1. Summary (Introduction) + +The **Laguerre ROC Pro** is a momentum oscillator that measures the rate of change (slope) of the Laguerre Filter. By calculating the velocity of this smooth, low-lag filter instead of raw price, it provides a significantly cleaner and more reliable momentum signal than the traditional ROC indicator. + +It serves as an excellent tool for identifying trend direction, strength, and potential reversals with minimal noise. + +## 2. Mathematical Foundations + +The indicator operates in two steps: + +1. **Calculate Laguerre Filter:** First, the price is smoothed using the Laguerre Filter algorithm (controlled by `Gamma`). +2. **Calculate Rate of Change:** The change in the filter's value is calculated between the current bar and the previous bar. + +### Calculation Modes + +The indicator offers two modes for calculating this change: + +* **Points (Slope):** Calculates the absolute difference. + * $\text{ROC} = \text{Laguerre}_t - \text{Laguerre}_{t-1}$ + * *Best for:* Analyzing absolute volatility in pips/points on a specific instrument. + +* **Percent:** Calculates the percentage change. + * $\text{ROC} = \frac{\text{Laguerre}_t - \text{Laguerre}_{t-1}}{\text{Laguerre}_{t-1}} \times 100$ + * *Best for:* Comparing momentum across different instruments or timeframes. + +## 3. Parameters + +* **Gamma (`InpGamma`):** Controls the smoothness of the underlying Laguerre filter. Default is `0.7`. +* **Source Price (`InpSourcePrice`):** Selects the input data (Standard or Heikin Ashi). +* **ROC Mode (`InpROCMode`):** Selects between `ROC_POINTS` and `ROC_PERCENT`. +* **Signal Period (`InpSignalPeriod`):** The smoothing period for the Signal line (Red line). Default is `3`. +* **Signal Method (`InpSignalMethod`):** The averaging method for the Signal line. + +## 4. Usage and Interpretation + +### Zero Line Crossovers (Trend Reversal) + +* **Bullish:** When the ROC crosses **above zero**, it means the Laguerre Filter has turned upwards. This is a primary buy signal. +* **Bearish:** When the ROC crosses **below zero**, it means the Laguerre Filter has turned downwards. This is a primary sell signal. + +### Signal Line Crossovers + +* For earlier entries, traders can use the crossover of the ROC line (Blue) and its Signal line (Red). This often precedes the zero crossover. + +### Divergence (Trend Exhaustion) + +* **Bearish Divergence:** Price makes a higher high, but the ROC makes a lower high. This indicates that the upward momentum is fading, even if price is still rising. +* **Bullish Divergence:** Price makes a lower low, but the ROC makes a higher low. This indicates waning bearish pressure. + +### Momentum Strength + +* The distance of the ROC line from zero indicates the strength of the trend. A steep, high ROC value suggests a strong, impulsive move. A flattening ROC near zero suggests consolidation.