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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 v5 · On the chart
Arnaud Legoux Moving Average
This indicator plots the Arnaud Legoux Moving Average of the closing price on the price chart.
GitHub stars37on the repository
Pine versionv5runs as is
Lines of code7
Settings3inputs
LicenceMIT
Last update3 years ago10 Feb 2023
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
7 lines of Pine Script v5 from Technical-Indicators/Technical Indicators are Here🤩/Arnaud-Legoux-Moving-Average.pine, published under MIT. Keep the author's credit and licence lines when you reuse it.
//@version=5
indicator(title = "Arnaud Legoux Moving Average", shorttitle="ALMA", overlay=true, timeframe="", timeframe_gaps=true)
source = close
windowsize = input(title="Window Size", defval=9)
offset = input.float(title="Offset", defval=0.85)
sigma = input.float(title="Sigma", defval=6)
plot(ta.alma(source, windowsize, offset, sigma))
Overview
Arnaud Legoux Moving Average uses TradingView's built-in ALMA calculation with a user-set window size, offset, and sigma. Those three inputs change how much history the average includes and how strongly recent bars are weighted. The script draws a single line over price and does not generate buy or sell signals, entries, exits, or risk rules.
- ALMA of the close
- Window size input
- Offset input
- Sigma input
- Overlay line on the price chart
Details
Published by
TWODS-CAPITAL on GitHub
Type
Indicator, Pine Script v5
Draws
On the price chart
Category
Moving averages
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.
Settings
The inputs you can change from the gear icon on the chart. Defaults are the author's.
| Setting | Type | Default | Variable |
|---|---|---|---|
| Window Size | int | 9 | windowsize |
| Offset | float | 0.85 | offset |
| Sigma | float | 6 | sigma |
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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