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
Moving Average Colored EMA/SMA
This indicator plots optional exponential and simple moving averages plus five fixed simple averages and one Hull moving average on the price chart.
GitHub stars8on the repository
Pine versionv4older, still runs
Lines of code51
Settings16inputs
LicenceNone stated
Last update4 years ago20 Aug 2022
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
The optional EMA and SMA change color with slope: green when rising, red when falling, and blue when flat. The other averages use fixed colors, while the Hull average also reflects slope and whether price is above or below it. Lengths and sources are adjustable. It has no trade entries, exits, or stop loss.
- Slope-colored optional EMA and SMA
- Five simple moving averages with fixed colors
- Hull moving average with slope coloring
- Adjustable lengths and price sources
- Overlay on the price chart
Details
Published by
PipC on GitHub
Type
Indicator, Pine Script v4
Draws
On the price chart
Category
Moving averages
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 |
|---|---|---|---|
| Show EMA on chart | bool | true | emaplot |
| ema Length | int | 8 | len |
| Show SMA on chart | bool | false | smaplot |
| sma Length | int | 8 | len2 |
| SMA #A | int | 10 | lenA |
| SMA Source #A | source | close | srcA |
| SMA #B | int | 20 | lenB |
| SMA Source #B | source | close | srcB |
| SMA #C | int | 50 | lenC |
| SMA Source #C | source | close | srcC |
| HMA #H55 | int | 55 | lenH55 |
| HMA Source #H55 | source | close | srcH55 |
Show all 16 settings
| Setting | Type | Default | Variable |
|---|---|---|---|
| SMA #D | int | 100 | lenD |
| SMA Source #D | source | close | srcD |
| SMA #E | int | 200 | lenE |
| SMA Source #E | source | close | srcE |
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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