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 v6 · On the chart
EMA Ribbon [trugurpala]
This indicator calculates eight Exponential Moving Averages with Fibonacci lengths ranging from 8 to 233.
GitHub stars4on the repository
Pine versionv6current
Lines of code39
Settings1inputs
LicenceMIT
Last update2 months ago3 Aug 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
39 lines of Pine Script v6 from examples/indicators/15_ema_ribbon.pine, published under MIT. Keep the author's credit and licence lines when you reuse it.
//@version=6
// EMA Ribbon — 8 EMA Şeridi
// github.com/trugurpala/pinescriptv6 — Author: Ugur Pala
indicator("EMA Ribbon [trugurpala]", overlay=true)
// ── Inputs ───────────────────────────────────────────────────────────────────
bool showFill = input.bool(true, "Fill Between")
// ── 8 EMA ────────────────────────────────────────────────────────────────────
float e1 = ta.ema(close, 8)
float e2 = ta.ema(close, 13)
float e3 = ta.ema(close, 21)
float e4 = ta.ema(close, 34)
float e5 = ta.ema(close, 55)
float e6 = ta.ema(close, 89)
float e7 = ta.ema(close, 144)
float e8 = ta.ema(close, 233)
bool bullish = e1 > e2 and e2 > e3 and e3 > e4
bool bearish = e1 < e2 and e2 < e3 and e3 < e4
// ── Visuals ──────────────────────────────────────────────────────────────────
color ribbonCol = bullish ? color.green : bearish ? color.red : color.gray
p1 = plot(e1, "EMA 8", ribbonCol, linewidth=1)
p2 = plot(e2, "EMA 13", ribbonCol, linewidth=1)
p3 = plot(e3, "EMA 21", ribbonCol, linewidth=1)
p4 = plot(e4, "EMA 34", ribbonCol, linewidth=1)
p5 = plot(e5, "EMA 55", ribbonCol, linewidth=1)
p6 = plot(e6, "EMA 89", ribbonCol, linewidth=1)
p7 = plot(e7, "EMA 144", ribbonCol, linewidth=1)
p8 = plot(e8, "EMA 233", ribbonCol, linewidth=2)
if showFill
fill(p1, p8, bullish ? color.new(color.green, 88) :
bearish ? color.new(color.red, 88) :
color.new(color.gray, 88))
bgcolor(bullish ? color.new(color.green, 96) : bearish ? color.new(color.red, 96) : na)
Overview
EMA Ribbon [trugurpala] plots all eight EMAs on the price chart and dynamically colors them green during bullish alignment (when the fastest EMAs are stacked sequentially above slower ones) or red during bearish alignment. It includes a toggleable background overlay and a semi-transparent fill between the shortest and longest EMAs to visually summarize market trend direction and momentum.
- 8 Fibonacci Exponential Moving Averages from 8 to 233
- Dynamic ribbon color coding based on EMA alignment
- Optional background overlay for trend confirmation
- Configurable fill between fastest and slowest EMAs
Details
Published by
trugurpala on GitHub
Type
Indicator, Pine Script v6
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.
Topics
aialgorithmic-tradingclaude-codecodexcoding-agentsgithub-copilotopen-sourcepine-scriptpine-script-v6technical-analysis
Settings
The inputs you can change from the gear icon on the chart. Defaults are the author's.
| Setting | Type | Default | Variable |
|---|---|---|---|
| Fill Between | bool | true | showFill |
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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