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
Tang System V4.5 - Ultimate Aligned Alert Edition
This indicator plots moving averages, a daily-reset aligned VWAP, and highlights market structure directly on the price chart.
Repaints
GitHub stars4on the repository
Pine versionv5runs as is
Lines of code131
Settings0inputs
LicenceNone stated
Last updateyesterday27 Oct 2026
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
Tang System V4.5 - Ultimate Aligned Alert Edition calculates Heikin-Ashi bar data to detect touches with key moving averages (10, 20, 30, 50, and 200 SMA) and VWAP. It incorporates a 5-minute higher timeframe trend filter and measures price space to target levels. Background colors highlight ranging or entangled moving average conditions. Note that the 5-minute multi-timeframe calculation repaints on historical intra-bar updates.
- Heikin-Ashi candle calculations
- Daily reset aligned VWAP and multi-period SMAs
- 5-minute multi-timeframe trend filter
- Moving average entanglement background highlighting
Details
Published by
TUSKIJAY on GitHub
Type
Indicator, Pine Script v5
Draws
On the price chart
Category
Trend, Moving averages
Markets
Indices, Stocks
Timeframes
M1-M5, M15-H1
Risk Notes
- Signals can change on the live bar or after it closes (repainting)
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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