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
Magicks (e)mas Indicator
This indicator plots three sets of multi-timeframe moving averages on the price chart to assist with top-down macro trend analysis.
Repaints
GitHub stars10on the repository
Pine versionv4older, still runs
Lines of code199
Settings11inputs
LicenceNone stated
Last update5 years ago13 Jul 2021
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
Magicks (e)mas Indicator renders two configurable fast and slow moving averages on a 610-minute timeframe, a 21-period weekly ribbon comparing EMA and SMA with dynamic cloud coloring, and an extended trend channel based on long-term 610-minute averages. Inputs allow toggling between SMA and EMA, adjusting lengths and resolutions, and switching between light and dark visual themes. Because higher-timeframe data is fetched in real time, the current higher-timeframe values update on live bars.
- Multi-timeframe moving average overlays
- Weekly EMA and SMA support ribbon with dynamic fill
- Long-term trend channel bounds
- Dark and light theme color options
Details
Published by
davro on GitHub
Type
Indicator, Pine Script v4
Draws
On the price chart
Category
Moving averages, Trend
Markets
Crypto, Stocks
Timeframes
M15-H1, H4 and above
Risk Notes
- Signals can change on the live bar or after it closes (repainting)
Settings
The inputs you can change from the gear icon on the chart. Defaults are the author's.
| Setting | Type | Default | Variable |
|---|---|---|---|
| Dark mode or Light mode? | string | Light | DarkOrLight |
| -Fast MMA Length- | int | 21 | Mema1l |
| SMA? | bool | false | Mema1type |
| -Slow MMA Length- | int | 50 | Mema2l |
| SMA? | bool | false | Mema2type |
| -Magick MA's Resolution- | timeframe | 610 | MaRes |
| --Ribbon Length-- | int | 21 | Ribbonl |
| --Ribbon Resolution-- | timeframe | 1W | RibbonRes |
| ---TrendHigh Length--- | int | 365 | TrendHighl |
| ---TrendLow Length--- | int | 111 | TrendLowl |
| ---Ribbon Resolution--- | timeframe | 610 | TrendChannelRes |
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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