Live example
Settings and defaults
| Setting | Default | Allowed range |
|---|---|---|
| Price source | Close | Open, High, Low, Close, High-low average, Typical price, OHLC average |
| Damping factor (gamma) | 0.5 | 0 to 0.99 |
What it plots
Drawn on the price chart, on the same scale as the candles.
| Line | Unit | Drawn as | First value |
|---|---|---|---|
| Value | Price | Line | after 1 candles |
Calculation notes
- Smooths the chosen price using four Laguerre stages seeded from the first valid price. Gamma ranges from 0 to 0.99. Missing data restarts the filter; smoothing does not eliminate delay or predict future prices.
Questions
What are the default settings of Laguerre Filter?
The defaults are Price source: Close, Damping factor (gamma): 0.5. You can change every setting on the live chart.
Can I use Laguerre Filter for free on TraderAI?
Yes. Every indicator in the library can be added to the free live chart. The free plan keeps up to 2 indicators active at the same time; Pro lets you combine more on one chart.
Educational content. Indicators describe past prices; they do not predict future prices and are not investment advice.