The Adaptive Laguerre Filter calculates a smoothed, dynamically adjusted trendline plotted directly on the main price chart. It dynamically adjusts its damping factor (alpha) based on recent price range variations and median percentile calculations over a spec
Indicator · Pine Script v6 · On the chart
200 EMA with Trend Color
This indicator plots an Exponential Moving Average directly on the price chart and dynamically changes its color based on the market trend.
GitHub stars2on the repository
Pine versionv6current
Lines of code17
Settings1inputs
LicenceMIT
Last update1 year ago7 Sep 2025
Add It to Your TradingView Chart
- 1Copy the scriptPress Copy script above, or the copy button on the code below.
- 2Open the Pine EditorOpen a TradingView chart and choose Pine Editor at the bottom of the screen.
- 3Paste over the templateCreate a new indicator, select all of the template text and paste. Press Save and give it a name.
- 4Add it to the chartPress Add to chart, then adjust the settings with the gear icon next to its name.
Source Code
17 lines of Pine Script v6 from scripts/200-ema-with-trend-color.pine, published under MIT. Keep the author's credit and licence lines when you reuse it.
//@version=6
indicator('200 EMA with Trend Color', overlay = true)
// Inputs
length = input.int(200, title = 'EMA Length', minval = 1)
// Calculate the 200 EMA
ema200 = ta.ema(close, length)
// Determine the color based on the trend
emaColor = close > ema200 ? color.green : color.red
// Plot the 200 EMA with the determined color
plot(ema200, color = emaColor, title = '200 EMA', linewidth = 2)
// Optional: Add a background color for better visualization
bgcolor(close > ema200 ? color.new(color.green, 90) : color.new(color.red, 90))
Overview
When the closing price is above the moving average, the line and background tint turn green to indicate bullish conditions; when price falls below, both switch to red for bearish bias. Users can customize the moving average period length through the settings menu.
- Dynamic color-coded exponential moving average
- Bullish and bearish background tinting
- Customizable moving average length
- Overlay display on main price chart
Details
Published by
kohld on GitHub
Type
Indicator, Pine Script v6
Draws
On the price chart
Category
Moving averages, Trend
Markets
Any symbol
Timeframes
H4 and above
Risk Notes
No repainting, lookahead or stacked entries were found in its code or README. That says nothing about how well it works: test it first.
Topics
pinescripttradingtrading-strategiestradingview
Settings
The inputs you can change from the gear icon on the chart. Defaults are the author's.
| Setting | Type | Default | Variable |
|---|---|---|---|
| EMA Length | int | 200 | length |
Third-party code. ForexR did not write, test or endorse this script, and the summary above was generated automatically from its code and README. Indicators describe the past, and a strategy's backtest can look better than live trading, especially when a script repaints. Check it in the Strategy Tester and on a demo account before you rely on it.
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