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
Chad's Alert SMAs
Chad's Alert SMAs is an overlay indicator that calculates and plots two Exponential Moving Averages on the main price chart despite its naming.
GitHub stars10on the repository
Pine versionv4older, still runs
Lines of code30
Settings6inputs
LicenceGPL-3.0
Last update5 years ago1 Dec 2020
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
30 lines of Pine Script v4 from Chad's Alert SMAs.pine, published under GPL-3.0. Keep the author's credit and licence lines when you reuse it.
//@version=4
// Made by TPCharts (twitter.com/tradeprophet). Modify as you like, and follow on Twitter for more free goodies!
study(title="Chad's Alert SMAs (@tradeprophet)", overlay=true)
// Maybe you like looking at daily EMA's on a 4-hour chart, you twisted bastard.
//timeframe = input(title="EMA timeframe (e.g. 'D' shows daily EMAs on 4h chart)", type=input.resolution, defval="D")
timeframe =""
// EMA lengths
smaShorterLength = input(title="Shorter SMA's length", type=input.integer, defval=10)
smaLongerLength = input(title="Longer SMA's length", type=input.integer, defval=50)
// Shorter EMA Aesthetics
smaShorterTransparency = input(title="Shorter SMA's Transparency", type=input.integer, defval=80)
smaShorterWidth = input(title="Shorter SMA's Width", type=input.integer, defval=1)
// Longer EMA Aesthetics
smaLongerTransparency = input(title="Longer SMA's Transparency", type=input.integer, defval=60)
smaLongerWidth = input(title="Longer SMA's Width", type=input.integer, defval=1)
// Calculate the EMAs
smaShorterClose = ema(security(syminfo.tickerid, timeframe, close), smaShorterLength)
smaLongerClose = ema(security(syminfo.tickerid, timeframe, close), smaLongerLength)
isCrossover = cross(smaShorterClose, smaLongerClose)
alertcondition(isCrossover, title="Chad's SMA Crossed", message="{{exchange}}:{{ticker}}'s {{\"emaShorterLength\"}}/{{\"emaLongerLength\"}} SMAs crossed")
// Plot them
plot(series=smaShorterClose, color=color.black, linewidth=smaShorterWidth, transp=smaShorterTransparency)
plot(series=smaLongerClose, color=color.black, linewidth=smaLongerWidth, transp=smaLongerTransparency)
Overview
Chad's Alert SMAs evaluates short-term and long-term moving averages to detect crossovers and triggers alert conditions when the lines intersect. Settings allow users to adjust moving average lengths, line transparency, and line widths to customize visual representation.
- Dual moving average crossover monitoring
- Customizable moving average length parameters
- Adjustable line width and transparency settings
- Built-in crossover alert conditions
Details
Published by
TPCharts 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 |
|---|---|---|---|
| Shorter SMA's length | int | 10 | smaShorterLength |
| Longer SMA's length | int | 50 | smaLongerLength |
| Shorter SMA's Transparency | int | 80 | smaShorterTransparency |
| Shorter SMA's Width | int | 1 | smaShorterWidth |
| Longer SMA's Transparency | int | 60 | smaLongerTransparency |
| Longer SMA's Width | int | 1 | smaLongerWidth |
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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