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
My Super Fancy Script
My Super Fancy Script is an introductory Pine Script indicator that plots the daily closing price on the main price chart alongside a visual text label on the most recent bar.
GitHub stars2on the repository
Pine versionv5runs as is
Lines of code18
Settings0inputs
LicenceNone statedfile: MPL-2.0
Last update2 years ago13 Sep 2024
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
18 lines of Pine Script v5 from basic-pine-script/1.-plotshape-hello-world.pine, published under MPL-2.0 (file header). Keep the author's credit and licence lines when you reuse it.
// This Pine Script™ code is subject to the terms of the Mozilla Public License 2.0 at https://mozilla.org/MPL/2.0/
// © Hostnomics
//@version=5
// indicator("My script")
// plot(close)
indicator(title="My Super Fancy Script", shorttitle = "MSFS", overlay=true, precision = 3, timeframe="D")
// indicator(title="My Super Fancy Script", shorttitle = "MSFS", overlay=false, precision = 3, timeframe="D")
//format=format.volume (mostly for volume)
//scale=scale.left (scale-axis (right, left or none) y-column labels)
//max_bars_back=10
//timeframe="D" Script plots daily timeframe while viewing the 4h timmeframe
plotshape(barstate.islast, editable = true, text="Last Candle Dog")
plot(close)
// plot(volume)
Overview
Designed as a basic tutorial example, it demonstrates how to configure indicator overlays, daily timeframe overrides, and real-time bar identification using plotshape. The script plots directly on the main price chart and offers basic visualization settings.
- Daily closing price plotting
- Real-time bar detection with plotshape
- On-chart overlay visualization
Details
Published by
Web3Degenerate on GitHub
Code credit
Hostnomics, 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.
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