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Knowledge Base » Tech Doc » ADSI » Laguerre CCI

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