Laguerre Oscillator
A low-lag trend oscillator derived from Laguerre polynomials and normalized by RMS volatility.
Visual Example

Synthetic ideal per library logic. Generated 2026-06-25 IST via docs/generate_all_previews.py (reproducible; maps to core Next<T> implementation).
Description
The Laguerre Oscillator indicator is a technical analysis tool that a low-lag trend oscillator derived from laguerre polynomials and normalized by rms volatility.
This indicator is primarily used for identifying key market conditions. It provides a robust signal that can be easily integrated into both simple strategies and more complex machine learning feature pipelines. Compared to its alternatives, it offers a distinct balance of responsiveness and stability.
Traders often combine this with other metrics to confirm signals and avoid false positives during sideways market regimes. It remains a standard tool for systematic trading models.
Use to detect overbought and oversold conditions with very low lag. The single gamma parameter lets you tune it from aggressive to smooth.
Ehlers describes the Laguerre Oscillator in Cybernetic Analysis as measuring the difference between the first and last elements of a 4-element Laguerre filter bank, extracting the high-frequency component as a zero-lag momentum measure.
QuantWave implements this indicator via the universal Next<T> trait, guaranteeing bit-identical results between Rust streaming, Python streaming, and Polars batch (.ta() / map_batches) surfaces.
Formula / Specification
Implementation (quantwave-core/src/indicators/laguerre_oscillator.rs):
[ L_0 = UltimateSmoother(Close, Length) ] [ L_1 = -\gamma L_0 + L_{0,t-1} + \gamma L_{1,t-1} ] [ RMS = \sqrt{\frac{1}{n}\sum (L_0 - L_1)^2} ] [ Osc = (L_0 - L_1) / RMS ]
Gold-standard parity vectors: quantwave-core/tests/gold_standard/laguerre_oscillator.json.
Parameters
| Parameter | Default | Description |
|---|---|---|
length |
30 | UltimateSmoother period |
gamma |
0.5 | Smoothing factor |
rms_period |
100 | RMS normalization period |
Usage Examples
Streaming (Rust)
use quantwave_core::indicators::LAGUERRE_OSCILLATOR;
use quantwave_core::traits::Next;
let mut ind = LAGUERRE_OSCILLATOR::new(30);
for price in &prices {
let value = ind.next(price);
}
Streaming (Python)
from quantwave import LAGUERRE_OSCILLATOR
ind = LAGUERRE_OSCILLATOR(30)
for price in prices:
value = ind.next(price)
Polars Batch (Python)
import polars as pl
import quantwave as qw
def apply_laguerre_oscillator(series: pl.Series) -> pl.Series:
ind = qw.LAGUERRE_OSCILLATOR(30)
return pl.Series([ind.next(float(v)) for v in series.to_list()])
df = (
pl.read_csv('ohlcv.csv')
.lazy()
.with_columns(
pl.col("close").map_batches(apply_laguerre_oscillator, return_dtype=pl.Float64).alias("laguerre_oscillator")
)
.collect()
)
All surfaces are bit-identical via the single Next<T> implementation and proptests.
Edge Cases & Limitations
- Recursive DSP filters require a warm-up period; first N bars may be unstable or raw-pass-through.
- Designed for cyclic/mean-reverting regimes; trending markets can produce lag or drift.
- Parameter
period(or equivalent) controls cutoff — too small adds noise, too large adds lag. - Prefer chaining with other Ehlers tools (Roofing Filter, SuperSmoother) on noisy inputs.
- Validated via proptests against gold-standard vectors where available.
- No look-ahead bias; suitable for live streaming and batch feature pipelines.
Boundary Behavior
| Condition | Behavior |
|---|---|
| Warm-up | Leading bars return NaN until warmup_bars is satisfied. |
| period > len | When period exceeds series length, output is all NaN. |
| NaN inputs | NaN in input propagates to output (NaN out). |
| Invalid params | Non-positive period or missing required params raise ValueError. |
| Empty data | Empty input returns an empty result series. |
Related Indicators & See Also
Sources & References
Primary Source: https://github.com/lavs9/quantwave/blob/main/references/traderstipsreference/TRADERS%E2%80%99%20TIPS%20-%20JULY%202025.html
Implementation: quantwave-core/src/indicators/laguerre_oscillator.rs (LAGUERRE_OSCILLATOR / LAGUERRE_OSCILLATOR_METADATA).
Parity: quantwave-core/tests/gold_standard/laguerre_oscillator.json
Provenance: Standards bulk upgrade 2026-06-25 IST — see docs/DOCUMENTATION_STANDARDS.md.