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
Code Improvement Template
This script is a template for improving Pine Script indicators and strategies.
GitHub stars1on the repository
Pine versionv5runs as is
Lines of code23
Settings0inputs
LicenceMIT
Last update1 year ago19 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
23 lines of Pine Script v5 from templates/improvement_template.pine, published under MIT. Keep the author's credit and licence lines when you reuse it.
// This Pine Script™ code is subject to the terms of the Mozilla Public License 2.0 at https://mozilla.org/MPL/2.0/
// © PineScript Development Framework
//@version=5
indicator("Code Improvement Template", overlay=true)
// Original code comments
// TODO: Document what the original code did
// Improvements made
// TODO: List improvements being made
// Input parameters
// TODO: Add or modify input parameters
// Calculations
// TODO: Add improved calculations
// Plotting
// TODO: Add or modify plot statements
// Alerts
// TODO: Add or modify alert conditions
Overview
Code Improvement Template provides a structured framework with sections for documenting original code, listing improvements, adding or modifying input parameters, performing calculations, modifying plot statements, and setting up alerts. The script is an overlay indicator that draws on the price chart. It serves as a development tool within a larger Pine Script framework but contains no specific trading logic, calculations, or signals.
- code improvement template
- pine script development framework
- development guidelines
- pine script references
- checkpoint system
Details
Published by
NakliTechie on GitHub
Code credit
PineScript Development Framework, as written in the script's header
Type
Indicator, Pine Script v5
Draws
On the price chart
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.
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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