Ehler Laguerre RSI Bitcoin Analysis & Ehlers RSI Signals
Developed and Created by John Ehler.
Originally used to trade shares and commodities.
Ehler RSI technical indicator uses a 4-Element Laguerre filter to provide a "time distort" such the low frequency components/ bitcoin price spikes are delayed much more than the higher frequency components/constituents. This btcusd indicator enables more smoother filters to be created using short amounts of data.
The Ehlers RSI uses a scale of 0- 100, the center-line is used to generate cryptocurrency signals and the 80/20 levels represents overbought/oversold areas.
Only parameter that can be optimized for this indicator is damping gamma factor, usually 0.5 to 0.85, to best fit your method.

Ehler Laguerre RSI
Bitcoin Analysis and How to Generate Trading Signals
This implementation of the Laguerre RSI uses scale of 0-100.
Bitcoin Crossover Signals
Buy Signal - A buy signal for cryptocurrency is made & produced when the Ehlers RSI goes over the 50 mark level.
Sell Signal: A sell cryptocurrency signal happens when the Ehlers RSI goes under the 50 level line.

Overbought/Oversold Levels on Bitcoin Indicator
Overbought/Over-sold Levels in Indicator
A typical use of the Laguerre RSI is to buy after it crosses back above the 20 % level & sell after it crosses back below the 80 % level.
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