Leonidas Trend Following System is a trend following indicator that plots key, long-term, and short-term exponential moving averages directly on the price 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
Leonidas Trend Following System calculates trend signals through EMA crossovers and price changes relative to the center line, using a custom gradient color function to display bullish and bearish conditions. Additional features include lagged EMA predictions and simple moving average calculations for support and resistance. Inputs allow adjustment of the three EMA lengths, color schemes, and toggles for showing cycle tops or long-term EMA. The indicator draws trend strength visually with color gradients and does not provide exit rules.
The inputs you can change from the gear icon on the chart. Defaults are the author's.
Setting
Type
Default
Variable
Key EMA
int
55
keylen
Long term EMA
int
100
longlen
Short term EMA
int
21
shortlen
Show Bands
bool
false
showbands
Show cycle top
bool
false
showcycletop
Show Long Term EMA
bool
false
showlongema
Bear Color
color
color.red
bear
Bull Color
color
color.aqua
bull
Neutral Color
color
color.rgb(255,255,0,0)
neutral
Max Gradient Steps
int
21
stepn
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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