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
[Pirate] T3 Moving Average
This indicator plots a T3 moving average on the price chart.
GitHub stars33on the repository
Pine versionv4older, still runs
Lines of code26
Settings5inputs
LicenceUnlicense
Last update5 years ago8 Jul 2021
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
26 lines of Pine Script v4 from Indicators/[Pirate] T3 MA.pine, published under Unlicense. Keep the author's credit and licence lines when you reuse it.
// © Pirate
//@version=4
study(title="[Pirate] T3 Moving Average",shorttitle="T3 MA",overlay=true)
//-------------------------------------//
//----------Default Variables----------//
//-------------------------------------//
l=input(title="Length",type=input.integer,minval=1,defval=5) // Length
a=input(title="Alpha",type=input.float,minval=0,maxval=1,defval=0.7) // Alpha
s=input(title="Source",type=input.source,defval=close) // Source
tColorD=color.new(#4b2a62,5)
//---------------------------------------------//
//----------Configurable Menu Options----------//
//---------------------------------------------//
sColor=input(title="T3 Color",type=input.color,defval=tColorD) // T3 Color
fWidth=input(title="T3 Line Width", type=input.integer, defval=2, minval=1, maxval=4) // T3 LW
//---------------DO NOT CHANGE---------------//
//-----------------Functions-----------------//
//---------------DO NOT CHANGE---------------//
gd(series,seriesLength,v)=>
ema(series,seriesLength)*(1+a)-ema(ema(series,seriesLength),seriesLength)*a
t3(s,l,a)=>
gd(gd(gd(s,l,a),l,a),l,a)
plot(t3(s,l,a),color=sColor, linewidth=fWidth)
Overview
[Pirate] T3 Moving Average builds the line by applying a generalized double-exponential smoother three times to the chosen source, so the result is a weighted blend of nested exponential moving averages. Length sets the EMA period and alpha, from zero to one, controls how strongly lag is reduced. Color and line width change only the appearance of the single plotted line. It does not mark entries, exits, or crosses, and it does not include stop loss or take profit logic.
- T3 line from three nested smoothers
- Length and alpha smoothing controls
- Selectable price source
- Custom line color and width
Details
Published by
hiPirate on GitHub
Code credit
Pirate, as written in the script's header
Type
Indicator, Pine Script v4
Draws
On the price chart
Category
Moving averages, Trend
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.
Topics
cryptocurrencytradingtradingviewtradingview-pine-scriptspine-scripttradingview-charting-librarytradingview-datatrading-strategiestrading-systemscrypto
Settings
The inputs you can change from the gear icon on the chart. Defaults are the author's.
| Setting | Type | Default | Variable |
|---|---|---|---|
| Length | int | 5 | l |
| Alpha | float | 0.7 | a |
| Source | source | close | s |
| T3 Color | color | tColorD | sColor |
| T3 Line Width | int | 2 | fWidth |
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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