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Help with creating Indicator for Hybrid Renko
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Help with creating Indicator for Hybrid Renko

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Help with creating Indicator for Hybrid Renko

Unleash Full Potential of Laguerre Oscillator?
I'm trying to get 5 iteration levels out of the laguerre oscillator, see attached example (below left). So far, all I can get are 4 iteration levels when set at less than .0001 as with the other attached example (below right).

I've had some luck nesting it within itself or a StochRSI but the results are not clean. I'm guessing perhaps there's a special code that does the trick?

Thank you for your help!

Attached Thumbnails

I am wondering if anyone can help me replicate the indicator from tdaman? It is for a 5-1 Hybrid renko and possibly for other combinations as well like 10-2,8-2, and 12-3.

Thank You

Last edited by skilo; December 28th, 2015 at 11:37 AM. Reason: added a link
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