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I'm dedicating this thread to all indicators by John Ehler's in the hope that we can get/make as many of them for MT4 as possible.
Please post any MT4 John Ehlers indicators
that you have here as outlined in his books "Rocket Science for Traders", "Cybernetic Analysis for Stocks and Futures", "Mesa and Trading Market Cycles".
Please post any coding for indicators that programmers could convert to Mql4.
Thanks to Igorad and others for already programming many of these indicators.
How does the laguerre filter work? Any description?
I don't use the Laguerre filter but LaguerreRSI is one of the main indicators in my system.
I have a simple alert EA for the Laguerre RSI signal with AbsoluteStrength as a filter to stop the LRSI falsing signaling all the time.
After a signal I usually check LSMA and TTM to confirm an entry and check that LRSI has 'printed'.
The only problem I can see with LaguerreRSI is that it doesn't show continuation very well...you need to use another rule for that...
For mt3 indicators of RST sinewave/phase/homodyn listed above ,I have done some test and personally think they may have some errors in the programs because there is wrong performance corelative with price according to John's explanation in the book.
Linear Mode
