NexusFi: Find Your Edge


Home Menu

 





Unleash Full Potential of Laguerre Oscillator?


Discussion in NinjaTrader

Updated
      Top Posters
    1. looks_one tdaman with 5 posts (2 thanks)
    2. looks_two renkonovice with 2 posts (0 thanks)
    3. looks_3 trendisyourfriend with 1 posts (2 thanks)
    4. looks_4 skilo with 1 posts (0 thanks)
    1. trending_up 3,828 views
    2. thumb_up 4 thanks given
    3. group 6 followers
    1. forum 8 posts
    2. attach_file 3 attachments




 
Search this Thread

Unleash Full Potential of Laguerre Oscillator?

  #1 (permalink)
 
tdaman's Avatar
 tdaman 
Colorado Springs
 
Experience: Intermediate
Platform: Sierra Chart, Ninja Trader
Broker: IQFeed, AMP/CQG
Trading: EC, ES, TF
Posts: 130 since Oct 2010
Thanks Given: 37
Thanks Received: 24

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
Click image for larger version

Name:	Osc 5-Levels.JPG
Views:	456
Size:	20.1 KB
ID:	158738   Click image for larger version

Name:	Osc 4-Levels.JPG
Views:	296
Size:	20.4 KB
ID:	158739  
Started this thread Reply With Quote

Can you help answer these questions
from other members on NexusFi?
NexusFi Journal Challenge - April 2024
Feedback and Announcements
My NT8 Volume Profile Split by Asian/Euro/Open
NinjaTrader
Futures True Range Report
The Elite Circle
Better Renko Gaps
The Elite Circle
The space time continuum and the dynamics of a financial …
Emini and Emicro Index
 
  #2 (permalink)
 
tdaman's Avatar
 tdaman 
Colorado Springs
 
Experience: Intermediate
Platform: Sierra Chart, Ninja Trader
Broker: IQFeed, AMP/CQG
Trading: EC, ES, TF
Posts: 130 since Oct 2010
Thanks Given: 37
Thanks Received: 24

Figured it out. Not sure how to end this. thx ya"ll!

Started this thread Reply With Quote
  #3 (permalink)
 
trendisyourfriend's Avatar
 trendisyourfriend 
Quebec Canada
Market Wizard
 
Experience: Intermediate
Platform: NinjaTrader
Broker: AMP/CQG
Trading: ES, NQ, YM
Frequency: Daily
Duration: Minutes
Posts: 4,527 since Oct 2009
Thanks Given: 4,171
Thanks Received: 6,018



tdaman View Post
Figured it out. Not sure how to end this. thx ya"ll!

Maybe by sharing your discovery or the solution your found.

Reply With Quote
Thanked by:
  #4 (permalink)
 
tdaman's Avatar
 tdaman 
Colorado Springs
 
Experience: Intermediate
Platform: Sierra Chart, Ninja Trader
Broker: IQFeed, AMP/CQG
Trading: EC, ES, TF
Posts: 130 since Oct 2010
Thanks Given: 37
Thanks Received: 24

It's the CMO (Chande Momentum) oscillator with a setting of 5. It's a trend following oscillator that I believe comes free with Ninjatrader. You'll need to add a "Constant Lines" indicator set at 95 (over bought), 60 (sell line), -60 (buy line) and -95 (over sold). I've added a second CMO set at 20. Strategy so far is to go long above zero line and short below.

More info about it here...
https://ninjatrader.com/support/helpGuides/nt7/index.html?chande_momentum_oscillator_cmo.htm

Attached Thumbnails
Click image for larger version

Name:	CMO Oscillator2.JPG
Views:	495
Size:	186.2 KB
ID:	159586  
Started this thread Reply With Quote
Thanked by:
  #5 (permalink)
 renkonovice 
chicago
 
Experience: Intermediate
Platform: sierra charts, ninjatrader
Trading: emini
Posts: 9 since Jul 2014
Thanks Given: 12
Thanks Received: 0

tdaman

I want to know what were you using in the first post, this oscillator seems to be being used by nexgen, can you post that indicator. I am on ninja 7. I have tried to replicate this with cmo in ninja but it does not match nexgen. Thanks

Reply With Quote
  #6 (permalink)
 
tdaman's Avatar
 tdaman 
Colorado Springs
 
Experience: Intermediate
Platform: Sierra Chart, Ninja Trader
Broker: IQFeed, AMP/CQG
Trading: EC, ES, TF
Posts: 130 since Oct 2010
Thanks Given: 37
Thanks Received: 24


renkonovice View Post
tdaman

I want to know what were you using in the first post, this oscillator seems to be being used by nexgen, can you post that indicator. I am on ninja 7. I have tried to replicate this with cmo in ninja but it does not match nexgen. Thanks

Originally experimented with Laguerre indicator. I've since been using and referencing the CMO. My criteria is to find a setting where the CMO moves from an extreme (100 or -100) to the zero line in one bar. A setting of 10 seems to work best when using Rjays RenkoSpectrum bars with a setting of 5:1, 10:2 etc. Thus making this an 80% reliable reversal bar especially on a HTF. You can do the same thing using laguerre, double stochastic and/or StochRsi.

BTW, this occurs on the aforementioned Renko bars. I've not experimented with this on any other bar type.

Started this thread Reply With Quote
  #7 (permalink)
 renkonovice 
chicago
 
Experience: Intermediate
Platform: sierra charts, ninjatrader
Trading: emini
Posts: 9 since Jul 2014
Thanks Given: 12
Thanks Received: 0

So it was leaguer oscillator you used in the first post? for ninjatrader. I understand your concept of ob and os conditions and reversals. I wanted to know the name of the indicator you used. Thanks

Reply With Quote
  #8 (permalink)
 
tdaman's Avatar
 tdaman 
Colorado Springs
 
Experience: Intermediate
Platform: Sierra Chart, Ninja Trader
Broker: IQFeed, AMP/CQG
Trading: EC, ES, TF
Posts: 130 since Oct 2010
Thanks Given: 37
Thanks Received: 24


renkonovice View Post
So it was leaguer oscillator you used in the first post? for ninjatrader. I understand your concept of ob and os conditions and reversals. I wanted to know the name of the indicator you used. Thanks

the post on the left is the fib2fib and the laguere on the right

Started this thread Reply With Quote
  #9 (permalink)
 
skilo's Avatar
 skilo 
Chicago, IL
 
Experience: Master
Platform: NT,TS,TT,CQG,Bloomberg,Telerate
Trading: GU,CL,EC,BP,US,TY,Forex
Posts: 12 since Apr 2010
Thanks Given: 4
Thanks Received: 7

https://nexusfi.com/attachments/158738d1411978549
tdaman View Post
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!


Hello tdaman,

I was wondering if you can post a zip file for the indicator on the right? I tried to look for it and also tried to replicate it using CMO but it does not look the same as your chart on the right.

Thank You

Reply With Quote




Last Updated on December 27, 2015


© 2024 NexusFi™, s.a., All Rights Reserved.
Av Ricardo J. Alfaro, Century Tower, Panama City, Panama, Ph: +507 833-9432 (Panama and Intl), +1 888-312-3001 (USA and Canada)
All information is for educational use only and is not investment advice. There is a substantial risk of loss in trading commodity futures, stocks, options and foreign exchange products. Past performance is not indicative of future results.
About Us - Contact Us - Site Rules, Acceptable Use, and Terms and Conditions - Privacy Policy - Downloads - Top
no new posts