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
SOKE OVASI
SOKE OVASI is an overlay indicator that combines an Arnaud Legoux Moving Average (ALMA), a Kaufman Adaptive Moving Average (KAMA), and a suite of multiple exponential moving averages (EMAs).
Repaints
GitHub stars4on the repository
Pine versionv5runs as is
Lines of code191
Settings30inputs
LicenceNone stated
Last update2 years ago5 May 2024
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
SOKE OVASI calculates moving averages across higher timeframes, defaulting to weekly resolution, and plots them directly on the main price chart. Settings allow traders to adjust the source, lengths, sigma, offset, and timeframe resolutions for each moving average component. Because the script uses multi-timeframe security calls without historical bar offsets, indicator values on past bars can repaint.
- Arnaud Legoux Moving Average calculation
- Kaufman Adaptive Moving Average implementation
- Multi-timeframe exponential moving average suite
- Customizable timeframe resolutions and lengths
Details
Published by
Kalumur on GitHub
Type
Indicator, Pine Script v5
Draws
On the price chart
Category
Moving averages, Trend
Markets
Any symbol
Timeframes
Any timeframe
Risk Notes
- Signals can change on the live bar or after it closes (repainting)
File
Settings
The inputs you can change from the gear icon on the chart. Defaults are the author's.
| Setting | Type | Default | Variable |
|---|---|---|---|
| Arnaud Legoux MA Length | int | 14 | len5 |
| Source | source | close | src22 |
| ALMA Offset | float | 0.85 | offset |
| ALMA Sigma Value | int | 6 | sigma |
| ALMAPeriyod | timeframe | 1W | res18 |
| Length | int | 14 | length1 |
| Fast EMA Length | int | 2 | fastLength |
| Slow EMA Length | int | 30 | slowLength |
| Source | source | close | src |
| Highlight ? | bool | true | highlight |
| Await Bar Confirmation ? | bool | true | awaitBarConfirmation |
| Length | int | 5 | ma3_len |
Show all 30 settings
| Setting | Type | Default | Variable |
|---|---|---|---|
| Source | source | close | src3 |
| EMA8Periyod | timeframe | 1W | res3 |
| Length | int | 8 | ma31_len |
| Source | source | close | src31 |
| EMA8Periyod | timeframe | 1W | res31 |
| Length | int | 13 | ma4_len |
| Source | source | close | src4 |
| EMA-14 | timeframe | 1W | res4 |
| Length | int | 34 | ma5_len |
| Source | source | close | src5 |
| EMA34Periyod | timeframe | 1W | res5 |
| Length | int | 55 | ma6_len |
| Source | source | close | src6 |
| EMA55 | timeframe | 1W | res6 |
| Length | int | 144 | ma7_len |
| Source | source | close | src7 |
| EMA144 | timeframe | 1W | res7 |
| length | int | 21 | length77 |
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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