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
Teaching Example - alertcondition
This educational indicator calculates 20-period and 60-period Simple Moving Averages (SMA) directly on the price chart.
GitHub stars219on the repository
Pine versionv4older, still runs
Lines of code23
Settings0inputs
LicenceNone stated
Last update5 years ago18 Aug 2021
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
Teaching Example - alertcondition detects bullish golden crosses and bearish death crosses between the two averages, marking occurrences with chart labels below or above bars. Additionally, the script sets up alertcondition alerts with custom message formatting to demonstrate Pine Script alert triggers for crossover events.
- Dual 20 and 60 SMA calculations
- Crossover visual markers on chart
- Configured alertcondition functions
Details
Published by
TaichiS on GitHub
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
tradingviewpinescript
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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