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
Moving Averages Trends and Filters implements FIR functions including ALMA using Gaussian weights, BLMA with Blackman window, and BWMA using Bessel function, along with IIR moving averages from mihakralj's library. The main settings allow adjustment of period and source. These moving averages are plotted as trend filters and filters on the price chart. It draws multiple lines for different smoothing options. There are no trade signals or position sizing, as it is a utility library for trend analysis. The functions calculate from available bars and handle edge cases with runtime errors for invalid parameters.
The inputs you can change from the gear icon on the chart. Defaults are the author's.
Setting
Type
Default
Variable
Period
int
20
i_period
Source
source
close
i_source
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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