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 v4 · On the chart
Bjorgum MTF MA
A Pine v4 overlay that draws up to three moving averages, each with its own type, length, optional timeframe and colours.
GitHub stars1on the repository
Pine versionv4older, still runs
Lines of code249
Settings36inputs
LicenceNone stated
Last update3 years ago19 Mar 2023
Add It to Your TradingView Chart
- 1Copy the scriptPress Copy script above. It reads the file straight from GitHub.
- 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
The code stays on GitHub. The author has not published this script under an open licence, so ForexR does not show its code. Copy script reads the file straight from GitHub into your clipboard, so you can still try it on your own chart. Ask the author before reusing the code anywhere else.
Overview
Available types include EMA, HMA, WMA, DEMA, VWMA, VWAP, T3 and others. A length of zero disables an average. Lines and bars can be coloured by the average direction or by an RSI reading, with an optional smoothing setting. Higher-timeframe averages depend on the chosen timeframe inputs.
- Up to three moving averages
- Ten selectable average types
- Optional higher timeframe per average
- Bar colouring by average or RSI
Details
Published by
nvFede 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.
Settings
The inputs you can change from the gear icon on the chart. Defaults are the author's.
| Setting | Type | Default | Variable |
|---|---|---|---|
| Smooth | bool | true | smooth |
| Bar Color | bool | true | bar |
| Bar Color Type | string | MA 1 | bartype |
| MA Type #1 | string | EMA | maType1 |
| MA Type #2 | string | EMA | maType2 |
| MA Type #3 | string | EMA | maType3 |
| MA Length #1 | int | 50 | maLength1 |
| MA Length #2 | int | 0 | maLength2 |
| MA Length #3 | int | 0 | maLength3 |
| Source | source | hl2 | inp |
| Alpha | float | .07 | alpha |
| Timeframe 1 | timeframe | | tf1 |
Show all 36 settings
| Setting | Type | Default | Variable |
|---|---|---|---|
| Timeframe 2 | timeframe | | tf2 |
| Timeframe 3 | timeframe | | tf3 |
| RSI Length | int | 14 | rsiLen |
| Color Type 1 | string | MA | colType1 |
| Color Type 2 | string | MA | colType2 |
| Color Type 3 | string | MA | colType3 |
| maBull1 | color | #64b5f6 | maBull1 |
| maBear1 | color | #ef5350 | maBear1 |
| maBull2 | color | #64b5f6 | maBull2 |
| maBear2 | color | #ef5350 | maBear2 |
| maBull3 | color | #64b5f6 | maBull3 |
| maBear3 | color | #ef5350 | maBear3 |
| transp1 | int | 0 | transp1 |
| transp2 | int | 0 | transp2 |
| transp3 | int | 0 | transp3 |
| lineW1 | int | 1 | lineW1 |
| lineW2 | int | 1 | lineW2 |
| lineW3 | int | 1 | lineW3 |
| rsiBull1 | color | #0000ff | rsiBull1 |
| rsiBear1 | color | #ff0000 | rsiBear1 |
| rsiBull2 | color | #0000ff | rsiBull2 |
| rsiBear2 | color | #ff0000 | rsiBear2 |
| rsiBull3 | color | #0000ff | rsiBull3 |
| rsiBear3 | color | #ff0000 | rsiBear3 |
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 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
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
Trade Your Charts With a Regulated Broker
Compare brokers that connect to TradingView, with spreads, minimum deposits and leverage side by side.
Compare brokers