Indicator Name: Laguerre CCI (Cybernetic Analysis)
Function Name: Laguerre CCI
Format: ExtFml( "ADSI.LaguerreCCI", Prices,
# of elements, gammas)
Input 1: Prices. (suggested input is Median
Price)
Input 2: # of elements. This input can be
any integer between (and including) 3 and 8. It represents the
number of elements used in the calculation of the filter. A
fewer number of elements results in a more responsive filter.
Due to the nature of the internal calculations, this value must
be a constant, and cannot be variable, as is the case with most
other ADSI inputs.
Input 3: gammas. The gamma input is an exponential
smoothing factor applied after the Laguerre Filter and is range
bound between 0.0 and 1.0. A smaller the gamma results in less
smoothing. A value around 0.7 is recommended. This input can
vary from bar-to-bar.
Formula 1.)
ExtFml("ADSI.LaguerreCCI", MP(), 4, .5);
Figure 1.)
Metastock screenshot with Indicator Description
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