This script plots three moving averages on the price chart: a fast EMA or SMA with 10 periods, a slow EMA or SMA with 20 periods, and a trend EMA or SMA with 100 periods. It signals trend changes by drawing a white cross when the fast moving average crosses ab
Indicator · Pine Script v4 · On the chart
Alpha-Decreasing Exponential Moving Average
The Alpha-Decreasing Exponential Moving Average (ADEMA) calculates an exponential moving average where the smoothing factor decreases dynamically relative to the bar index.
GitHub stars948on the repository
Pine versionv4older, still runs
Lines of code11
Settings0inputs
LicenceGPL-3.0
Last update10 days ago18 Oct 2026
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
11 lines of Pine Script v4 from movings/alpha_decreasing_exponential_moving_average.pine, published under GPL-3.0. Keep the author's credit and licence lines when you reuse it.
//@version=4
// Copyright (c) 2019-present, Alex Orekhov (everget)
// Alpha-Decreasing Exponential Moving Average script may be freely distributed under the terms of the GPL-3.0 license.
study("Alpha-Decreasing Exponential Moving Average", shorttitle="ADEMA", overlay=true)
alpha = 2 / (int(bar_index) + 1)
ema = close
ema := alpha * ema + (1 - alpha) * nz(ema[1], ema)
plot(ema, title="ADEMA", linewidth=2, color=color.orange)
Overview
On early bars, the weight given to new price data is larger, making the calculation react quickly; as the bar index increases, alpha decreases, giving progressively more weight to historical values. The resulting curve plots directly on the main price chart.
- Dynamic alpha decay based on bar index
- Exponential smoothing with decreasing weight
- Price chart overlay plot
Details
Published by
everget on GitHub
Type
Indicator, Pine Script v4
Draws
On the price chart
Category
Moving averages, Trend
Markets
Any symbol
Timeframes
Any timeframe
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.
Repository
Topics
pinepinescripttechnical-indicatorsindicatorsoscillatorbandsaveragetradingviewindicatormoving-average
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.
Similar Pine Scripts
This indicator plots four customizable moving averages directly on the main price chart using default lengths of 3, 8, 21, and 50 periods. It fills the space between adjacent averages in green or maroon depending on trend alignment. Additionally, it computes B
This indicator plots three exponential moving averages and ATR volatility envelopes on the price chart. It compares the fast and slow EMAs to shade a trend ribbon and marks confirmed upward and downward crossovers with triangle labels. Settings change the thre
Donald SPX - Options Trading is an overlay indicator designed for intraday SPX analysis. It plots a 200-period Weighted Moving Average (WMA) on the price chart while evaluating multi-timeframe market structure across Daily, 15-minute, 5-minute, and 2-minute ba
This multi-timeframe indicator calculates and plots 20-period and 60-period simple moving averages from the 60-minute timeframe directly onto the price chart. The 20-period average displays as a green line, while the 60-period average appears in blue. It serve
This indicator modifies standard Bollinger Bands to measure directional trend force based on line alignment. It calculates a simple moving average basis along with upper and lower volatility bands. When all three lines move upward or downward simultaneously, i
Trade Your Charts With a Regulated Broker
Compare brokers that connect to TradingView, with spreads, minimum deposits and leverage side by side.
Compare brokers