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
Tri VWMA
The Tri VWMA indicator calculates and plots three Volume Weighted Moving Averages on the price chart using customizable lookback periods.
GitHub stars25on the repository
Pine versionv4older, still runs
Lines of code17
Settings3inputs
LicenceNone statedfile: MPL-2.0
Last update6 years ago29 Jun 2020
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
17 lines of Pine Script v4 from averages/trivwma.pine, published under MPL-2.0 (file header). Keep the author's credit and licence lines when you reuse it.
// This source code is subject to the terms of the Mozilla Public License 2.0 at https://mozilla.org/MPL/2.0/
// © tista
//@version=4
study("Tri VWMA", shorttitle="TriVWMA", precision=2, overlay=true)
vwma1_length = input(title="VWMA1 Length", type=input.integer, defval=21)
vwma2_length = input(title="VWMA2 Length", type=input.integer, defval=55)
vwma3_length = input(title="VWMA3 Length", type=input.integer, defval=224)
vwma1 = vwma(close, vwma1_length)
vwma2 = vwma(close, vwma2_length)
vwma3 = vwma(close, vwma3_length)
plot(vwma1, title="VWMA1", color=#00bcd4, linewidth=3)
plot(vwma2, title="VWMA2", color=#66bb6a, linewidth=3)
plot(vwma3, title="VWMA3", color=#e91e62, linewidth=3)
Overview
Tri VWMA displays three distinct moving average lines to help users analyze price trends and relationships across multiple time horizons. The main settings allow users to configure the length parameters for each of the three moving average inputs. As an indicator, it does not generate automatic entry or exit signals, nor does it include stop loss or take profit rules.
- Three volume-weighted moving averages
- Customizable length inputs
- Price chart overlay display
Details
Published by
tistaharahap on GitHub
Code credit
tista, 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.
Settings
The inputs you can change from the gear icon on the chart. Defaults are the author's.
| Setting | Type | Default | Variable |
|---|---|---|---|
| VWMA1 Length | int | 21 | vwma1_length |
| VWMA2 Length | int | 55 | vwma2_length |
| VWMA3 Length | int | 224 | vwma3_length |
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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