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 v5 · On the chart
MTF 2TF Cipher
MTF 2TF Cipher is a minimal Pine Script overlay indicator that plots the closing price directly onto the price chart.
GitHub stars3on the repository
Pine versionv5runs as is
Lines of code10
Settings0inputs
LicenceNone statedfile: MPL-2.0
Last update5 months ago27 May 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
10 lines of Pine Script v5 from Tradingview/mtf-2tf-cipher.pine, published under MPL-2.0 (file header). Keep the author's credit and licence lines when you reuse it.
// This source code is subject to the terms of the Mozilla Public License 2.0 at https://mozilla.org/MPL/2.0/
// © goodgains
//@version=5
indicator("MTF 2TF Cipher", overlay = true)
// @keywords: close-price-plot, placeholder-indicator, overlay-close, minimal-output, cipher-stub, two-timeframe, mtf-placeholder, price-line, basic-overlay, unfinished-cipher, single-plot, chart-close, development-stub, no-oscillator, passthrough-close, indicator-shell, export-only, future-cipher, baseline-plot, close-tracker
plot(close)
Overview
Despite its title referencing multi-timeframe cipher analysis, the script functions as a basic skeleton or placeholder without multi-timeframe calculations, secondary indicators, or trading signals. It contains no customizable user inputs, parameters, or alert conditions. The tool acts as a baseline template or simple close-tracking overlay across any symbol and timeframe.
- Close price overlay plot
- Main chart line display
- Minimal indicator skeleton
Details
Published by
g-moe on GitHub
Code credit
goodgains, as written in the script's header
Type
Draws
On the price chart
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.
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.
Similar Pine Scripts
The indicator plots ICT displacement candles on the price chart and can switch to retracement scanning. Displacement requires a move larger than a set share of the 14-bar average high-low range, lasting at least a chosen number of bars, with optional close, pr
This indicator classifies each bar as bull, bear, or sideways from a rolling log return compared with adjustable percentage thresholds. It paints a regime ribbon on the price chart, shows a current-regime banner, and labels state changes after a minimum hold.
This script plots three moving averages on the price chart: a fast EMA or SMA with 10 periods, a slow EMA or SMA with 20 periods, and a trend EMA or SMA with 100 periods. It signals trend changes by drawing a white cross when the fast moving average crosses ab
This indicator calculates an ATR trailing stop line derived from the highest high minus an average true range multiple over a specified lookback period. It plots the trailing stop line directly on the price chart and colors price bars based on whether the clos
1833 Tracker is an overlay indicator that visualizes historical buy and sell transactions executed by ARK Invest ETFs for the stock on the main price chart. It displays trade dates using green buy and red sell labels positioned relative to price bars, indicati
Related on ForexR
Trade Your Charts With a Regulated Broker
Compare brokers that connect to TradingView, with spreads, minimum deposits and leverage side by side.
Compare brokers