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
Weekly MA's [JR-Academy]
This indicator plots several moving averages on the price chart to help identify trends and support or resistance.
GitHub stars2on the repository
Pine versionv5runs as is
Lines of code8
Settings0inputs
LicenceMIT
Last update2 years ago27 Apr 2024
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
8 lines of Pine Script v5 from indicators/JR/WeeklyMAs_JR.pine, published under MIT. Keep the author's credit and licence lines when you reuse it.
//Daily Moving Averages (Indikator 1):
//https://jensrabe.mykajabi.com/products/rendite-coaching-plus/categories/1655710/posts/6668409
//@version=5
indicator(title="Weekly MA's [JR-Academy]", shorttitle="Weekly MA's [JR-Academy]", overlay=true)
plot(ta.ema(close,21),title= "EMA 21", color = color.green, linewidth =2)
plot(ta.sma(close,30),title= "MA 30", color = color.orange, linewidth =2)
plot(ta.sma(close,40),title= "MA 40", color = color.purple, linewidth =2)
plot(ta.sma(close,50),title= "MA 50", color = color.red, linewidth =2)
Overview
Weekly MA's [JR-Academy] displays an exponential moving average with a period of 21 and simple moving averages with periods of 30, 40, and 50. The lines are colored green, orange, purple, and red respectively. Traders view these lines overlaid on the price chart for technical analysis. The script has no user inputs to change settings.
- EMA 21
- MA 30
- MA 40
- MA 50
- Weekly Moving Averages
Details
Published by
klevler on GitHub
Type
Indicator, Pine Script v5
Draws
On the price chart
Category
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.
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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