This indicator plots an ATR-based Chandelier Exit trailing stop on the price chart. It tracks a long stop under recent highs and a short stop above recent lows, then switches direction when price crosses the opposite stop. Buy and sell labels mark those flips.
Indicator · Pine Script v6 · On the chart
Adaptive Renko Supertrend Flip Signals
A price-chart overlay that builds Renko bricks and runs a Supertrend on them, marking trend flips.
GitHub stars1on the repository
Pine versionv6current
Lines of code191
Settings10inputs
LicenceNone stated
Last update3 days ago27 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
The brick size is either entered manually or derived automatically from an ATR-based Renko ticker on a higher source timeframe divided by an adjustable divisor, and the chosen size is shown in a table. Settings cover the Supertrend ATR length and factor, a longer ATR line with its own multiplier and the transparency of the trend fill. It marks flips only and has no stop loss or take profit. The brick size depends on data from another timeframe.
- Automatic or manual Renko brick size
- Supertrend calculated on Renko bricks
- Bull and bear flip markers
- ATR line with trend fill
Details
Published by
ankurksoni on GitHub
Type
Draws
On the price chart
Category
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 |
|---|---|---|---|
| Renko Mode | string | Automated ATR | renkoMode |
| Manual Brick Size | float | 20.83 | manualBrickSize |
| Auto Brick Source Timeframe | timeframe | 360 | sourceTf |
| Source Renko ATR Length | int | 5 | sourceAtrLen |
| Auto Brick Divisor | float | 12.0 | brickDivisor |
| Renko Supertrend ATR Length | int | 7 | renkoStLen |
| Renko Supertrend Factor | float | 4.0 | renkoStFactor |
| ATR Line Length | int | 144 | lineAtrLen |
| ATR Line Multiplier | float | 15.0 | lineFactor |
| Trend Fill Transparency | int | 92 | fillTransparency |
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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