This indicator calculates a modified MACD oscillator and signal line alongside a trend EMA filter, plotting the output as a stylized column histogram in a separate pane. Instead of plotting true MACD distance, it quantifies positive and negative histogram mome
Indicator · Pine Script v6 · Own pane
Universal Adaptive Tracking
Calculates an adaptive tracking model using a Mechanical Feedback Price Model to measure price innovations.
GitHub stars5on the repository
Pine versionv6current
Lines of code128
Settings4inputs
LicenceNone stated
Last update8 months ago21 Feb 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
Universal Adaptive Tracking evaluates positive and negative deviations through peak decay and saturation functions to determine dynamic intensity levels. It applies these intensities to polynomial curve weights to dynamically adjust price state tracking. Users can configure the source series, processing length, and enable optional innovation weighting. Draws in a separate pane.
- Mechanical Feedback Price Model innovation tracking
- Adaptive state weighting based on positive and negative intensity
- Polynomial curve weight calculations
- Optional innovation weighting toggle
Details
Published by
gorx1 on GitHub
Type
Indicator, Pine Script v6
Draws
Separate pane below the chart
Category
Trend, Moving averages
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 |
|---|---|---|---|
| Source | source | close | src |
| Length | int | 64 | len |
| weight by innovation | bool | false | weight |
| plotting offset | int | 0 | viz_off |
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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