RSI in Laguerre Time MTF for ThinkorSwim

@horserider please do me a favor and swap out that "shared_MS_RLg_FE_SglBrl_fin" from any chart that you share. The "MS" in the title is me.
I do not know how I shared that study. When I am allowed to share it, I will let you know.
It is considered proprietary at this point and is not to be shared. I appreciate your cooperation, thank you.
Take off all those indicators, use only the RSI and adjust color after you change the chart B& W, you can use heiken ashi also.......indicators will not help you trade better, it just confuses you.
 
@Thomas Is that directed to the chart I posted? If so that was a demo chart to compare those studies. I agree with your recommendation. Curious on changing the chart to B&W. Can you explain why and how please. Maybe show an example.
 
@Thomas Is that directed to the chart I posted? If so that was a demo chart to compare those studies. I agree with your recommendation. Curious on changing the chart to B&W. Can you explain why and how please. Maybe show an example.
Black and white are proven to be more receptive to patterns, and candlesticks, simple indicator,.....clean chart. I need to find a way of posting chart.
 
I will try that,.....here's something new for you to play with....https://tos.mx/Fu4tUd3
 
In the end, I physically go through charts all market open, marking, placing alerts, scanning......

GOLD.jpg


OR.jpg


@horserider

GDX.jpg
 
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can a mtf lable be made for rsi laguerre i am using the red and green one i would also like to have it in a watchlist thanks for any help
 
I was wondering if someone could help adding multi-time-frame option to this Mobius Laguerre indicator.
I really like the coloring scheme of this indicator and just wanted different aggregation periods in the code.
If someone could please help, I would appreciate it :) Thank you!
 
Last edited by a moderator:
Hi. Apologies if this is a repeat but am unable to find it; I am using v3.0 of RSI Laguerre. Is there a scanner that compliments this indicator please? Thanks in advance.
 
@horserider This middle indicator "NewStudy" looks really nice! Have you shared the code already? If you haven't taken it any further, could you please share your latest iteration? Thanks!
 
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Folks

I'm starting this new thread as suggested by @markos since there continues to be great interest in the RSI in Laguerre series of studies.
This is a brain dump of what I know. There are easily over 50 different variations/versions of the RSI in Laguerre time study

A former colleague of mine (actually my ex-boss and now trading partner) has been keeping track of all these versions from the get go
Frankly I have not looked into any of them at any great detail so can't pinpoint what the differences are other than the titles.
Not all of them have made it to JQ's OneNote.

Here's a list of what has been done in since 2015/2016 to the present day
  • RSI in Laguerre Time Auto Adj
  • RSI in Laguerre Time FE MTF
  • RSI in Laguerre Time MTF
  • RSI in Laguerre Time Price Self Adj
  • RSI in Laguerre Time Self Adj FE
Since there is great recent interest in the MTF series, I pieced together a CHANGE LOG of all the RSI in Laguerre Time MTF studies
There are a total of 8 different versions, all of them were written by BLT, another great coder
The penultimate version is v3b release in September 2019

Here then is the CHANGE LOG that details each version's release dates, as well as the associated tos.mx link
Please enjoy the resource, I hope this helps bring some structure to a better understanding of these MTF studies

tomsk

# RSI in Laguerre Time MTF Option

# 20160708-v1 blt, 7.8.2016, https://tos.mx/yXgsRl
# added new MTF Option; added Target Code (similar to other versions)
# added rsi value coloring and clouds
#
# 20160710-v1a blt, 7.10.2016, https://tos.mx/HtpyIW
#
# 20160712-v1b blt, 7.12.2016, https://tos.mx/her1Fn
# https://tos.mx/hyOpjd
# modified the target tracking to include entry and target bubbles. The entry bubbles will appear where there is a
# change in color of the rsi line
#
# 20160714-v2 blt, 7.14.2016, https://tos.mx/fQvjqt
# changed atr from atr() to average(truerange(h,c,l),atrlength) to allow atr to be that of the higher timeframe when it's
# selected, rather always the current timeframe for targets
#
# 20160715-v2a blt, 7.15.2016, https://tos.mx/WNaxBm
# added inputs to turn bubbles on/off. The bubbles were
# already moveable at the inputs m and z
#
# 20160717-v3 blt, 7.17.2016, https://tos.mx/pHMjFQ
# added candle (normal open, high, low, close) vs candle_hybrid candle type in Mobius' original version. The candle option
# was included to use when this is combined with another indicator, such as the Fractal Energy indicator.
# The candle_hybrid seems smoother. A label is added to show what type of candle is being used. Bubble Movers are better
# defined. Shortened Target Bubble. Added input output format to handle bonds, forex, etc format
#
# 20160822-v3a blt, 8.22.2016, https://tos.mx/AFPDeI
# Minor modifications, this is the latest version and is displayed on a 1min chart with the indicator set at 2min.
# The indicator can be displayed using the "Current" selection on any timeframe.
#
# 20190911-v3b blt, 9.11.2019, https://tos.mx/bQOnkR
# Minor modifications, re-released code
anyone getting errors with the entry and target bubble sometimes shows in white background with black text, but in other moments its shows up as black on black?
 

Thank you. 2 min base chart, 4m agg, /MES I see the RSI, but not a separate FE/Gamma line.

Also, I would love to convert this to NT 8. I would pay for it. I would add in a feature to call an ATM on the entries.
Hi! I really like the formatting of your RSI Laguerre. I tried importing multiple studies into my chart from this thread to find it. Do you mind sharing the link to it or source code?
 
Folks

I'm starting this new thread as suggested by @markos since there continues to be great interest in the RSI in Laguerre series of studies.
This is a brain dump of what I know. There are easily over 50 different variations/versions of the RSI in Laguerre time study

A former colleague of mine (actually my ex-boss and now trading partner) has been keeping track of all these versions from the get go
Frankly I have not looked into any of them at any great detail so can't pinpoint what the differences are other than the titles.
Not all of them have made it to JQ's OneNote.

Here's a list of what has been done in since 2015/2016 to the present day
  • RSI in Laguerre Time Auto Adj
  • RSI in Laguerre Time FE MTF
  • RSI in Laguerre Time MTF
  • RSI in Laguerre Time Price Self Adj
  • RSI in Laguerre Time Self Adj FE
Since there is great recent interest in the MTF series, I pieced together a CHANGE LOG of all the RSI in Laguerre Time MTF studies
There are a total of 8 different versions, all of them were written by BLT, another great coder
The penultimate version is v3b release in September 2019

Here then is the CHANGE LOG that details each version's release dates, as well as the associated tos.mx link
Please enjoy the resource, I hope this helps bring some structure to a better understanding of these MTF studies

tomsk

# RSI in Laguerre Time MTF Option

# 20160708-v1 blt, 7.8.2016, https://tos.mx/yXgsRl
# added new MTF Option; added Target Code (similar to other versions)
# added rsi value coloring and clouds
#
# 20160710-v1a blt, 7.10.2016, https://tos.mx/HtpyIW
#
# 20160712-v1b blt, 7.12.2016, https://tos.mx/her1Fn
# https://tos.mx/hyOpjd
# modified the target tracking to include entry and target bubbles. The entry bubbles will appear where there is a
# change in color of the rsi line
#
# 20160714-v2 blt, 7.14.2016, https://tos.mx/fQvjqt
# changed atr from atr() to average(truerange(h,c,l),atrlength) to allow atr to be that of the higher timeframe when it's
# selected, rather always the current timeframe for targets
#
# 20160715-v2a blt, 7.15.2016, https://tos.mx/WNaxBm
# added inputs to turn bubbles on/off. The bubbles were
# already moveable at the inputs m and z
#
# 20160717-v3 blt, 7.17.2016, https://tos.mx/pHMjFQ
# added candle (normal open, high, low, close) vs candle_hybrid candle type in Mobius' original version. The candle option
# was included to use when this is combined with another indicator, such as the Fractal Energy indicator.
# The candle_hybrid seems smoother. A label is added to show what type of candle is being used. Bubble Movers are better
# defined. Shortened Target Bubble. Added input output format to handle bonds, forex, etc format
#
# 20160822-v3a blt, 8.22.2016, https://tos.mx/AFPDeI
# Minor modifications, this is the latest version and is displayed on a 1min chart with the indicator set at 2min.
# The indicator can be displayed using the "Current" selection on any timeframe.
#
# 20190911-v3b blt, 9.11.2019, https://tos.mx/bQOnkR
# Minor modifications, re-released code
thank you for highlighting the variety of versions for this study. I've taken bits and pieces from two versions that I found work best for me, and have attempted to put them in to one. However the scale on the right of the chart changed from 0-1 to 0-100% (see Screenshot of chart). Circled in blue is the combined version and reading in %'s now....below and circle in red are the 2 separate versions where each is standard numbers and not percentages. Any idea on the fix to get my combined version back to standard numbers?
 
thank you for highlighting the variety of versions for this study. I've taken bits and pieces from two versions that I found work best for me, and have attempted to put them in to one. However the scale on the right of the chart changed from 0-1 to 0-100% (see Screenshot of chart). Circled in blue is the combined version and reading in %'s now....below and circle in red are the 2 separate versions where each is standard numbers and not percentages. Any idea on the fix to get my combined version back to standard numbers?
When you combine pieces of 2 studies and they occupy the same lower chart, it tends to default to percent. In other words, without doing that, you may end up with multiple lines that conflict. Best I can tell you. Good luck.
 
@tomsk That scannable version is the one I posted in the RSI Laguerre Tutorial. Should be same as this. Please see if this will work. Only on Android still.
@MBF see if this works on your time frame...

Code:
# Scan for RSI in Laguerre Time With Fractal Energy
# Mobius
# V02.07.2014
# V03.06.15.2016
#Scan
#Inputs:
input nFE = 8;
# Variables:
def o;
def h;
def l;
def c;
def CU1;
def CU2;
def CU;
def CD1;
def CD2;
def CD;
def L0;
def L1;
def L2;
def L3;
def RSI;
# Calculations
o = (open + close[1]) / 2;
h = Max(high, close[1]);
l = Min(low, close[1]);
c = (o + h + l + close) / 4;
def gamma = Log(Sum((Max(high, close[1]) - Min(low, close[1])), nFE) /
(Highest(high, nFE) - Lowest(low, nFE)))
/ Log(nFE);
L0 = (1 – gamma) * c + gamma * L0[1];
L1 = -gamma * L0 + L0[1] + gamma * L1[1];
L2 = -gamma * L1 + L1[1] + gamma * L2[1];
L3 = -gamma * L2 + L2[1] + gamma * L3[1];
if L0 >= L1
then {
CU1 = L0 - L1;
CD1 = 0;
} else {
CD1 = L1 - L0;
CU1 = 0;
}
if L1 >= L2
then {
CU2 = CU1 + L1 - L2;
CD2 = CD1;
} else {
CD2 = CD1 + L2 - L1;
CU2 = CU1;
}
if L2 >= L3
then {
CU = CU2 + L2 - L3;
CD = CD2;
} else {
CU = CU2;
CD = CD2 + L3 - L2;
}
RSI = if CU + CD <> 0 then CU / (CU + CD) else 0;
# Note Comment-Out (#) whichever scan not being used.
# Long Scan
plot Long = RSI crosses above .2 and gamma > .6;
# Short Scan
#plot Short = RSI crosses below .8 and gamma > .6;
 
@tomsk That scannable version is the one I posted in the RSI Laguerre Tutorial. Should be same as this. Please see if this will work. Only on Android still.
@MBF see if this works on your time frame...

Code:
# Scan for RSI in Laguerre Time With Fractal Energy
# Mobius
# V02.07.2014
# V03.06.15.2016
#Scan
#Inputs:
input nFE = 8;
# Variables:
def o;
def h;
def l;
def c;
def CU1;
def CU2;
def CU;
def CD1;
def CD2;
def CD;
def L0;
def L1;
def L2;
def L3;
def RSI;
# Calculations
o = (open + close[1]) / 2;
h = Max(high, close[1]);
l = Min(low, close[1]);
c = (o + h + l + close) / 4;
def gamma = Log(Sum((Max(high, close[1]) - Min(low, close[1])), nFE) /
(Highest(high, nFE) - Lowest(low, nFE)))
/ Log(nFE);
L0 = (1 – gamma) * c + gamma * L0[1];
L1 = -gamma * L0 + L0[1] + gamma * L1[1];
L2 = -gamma * L1 + L1[1] + gamma * L2[1];
L3 = -gamma * L2 + L2[1] + gamma * L3[1];
if L0 >= L1
then {
CU1 = L0 - L1;
CD1 = 0;
} else {
CD1 = L1 - L0;
CU1 = 0;
}
if L1 >= L2
then {
CU2 = CU1 + L1 - L2;
CD2 = CD1;
} else {
CD2 = CD1 + L2 - L1;
CU2 = CU1;
}
if L2 >= L3
then {
CU = CU2 + L2 - L3;
CD = CD2;
} else {
CU = CU2;
CD = CD2 + L3 - L2;
}
RSI = if CU + CD <> 0 then CU / (CU + CD) else 0;
# Note Comment-Out (#) whichever scan not being used.
# Long Scan
plot Long = RSI crosses above .2 and gamma > .6;
# Short Scan
#plot Short = RSI crosses below .8 and gamma > .6;
@markos Hi Markos, is this the RSI in Laguerre Time AI that Mobius is referring to? Today he commented that this is what he uses to gauge where prices may land, suggested that googling for it. @BenTen
 
Hello everyone, really liking the RSI LG mtf above seems to work very well and those price targets are really cool addition! Problem I have is I can't figure out how the entry and exit signals are generated. I look dthrough the code but I am not very good at it..so I keep manually scanning the charts and stock universe until I run into something tradable. Usuall every signal triggered candles ago and I am always late to the party. I tried using the RSI LG mobius scanner from the original thread but it doesn't correlate with this indicator well. Does anyone have a scanner setup that attempts to scan for the RSI LG MTF buy/sell entry signals?
 
@Fernwook the TOS scanner does not support secondary aggregations (meaning you cannot use MTF studies in scans)
 

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