by 
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 v5 · On the chart
ARC TrendStepper
ARC TrendStepper calculates and plots a stepped trend line directly on the price chart to filter out minor market noise.
GitHub stars1on the repository
Pine versionv5runs as is
Lines of code108
Settings11inputs
LicenceNone stated
Last update8 months ago16 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
ARC TrendStepper updates the stepped value only when price changes exceed a configurable threshold calculated via Ticks, ATR, or percentage move. The indicator identifies bullish and bearish trend states, coloring the step line and chart background accordingly. Users can customize the step calculation method, ATR parameters, step sensitivity, and visual elements like colors and background opacity.
- Step-based threshold calculation using Ticks, ATR, or Percent
- Stepped trend line overlay colored by directional state
- Configurable background tinting for trend visualization
- Customizable step sizes and ATR multipliers
Details
Published by
Tradehook-org 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 |
|---|---|---|---|
| Step Size (Ticks) | int | 10 | stepSize |
| Step Method | string | ATR | stepMethod |
| ATR Period | int | 14 | atrPeriod |
| ATR Multiplier | float | 0.5 | atrMultiplier |
| Percent Step | float | 0.5 | percentStep |
| Background Opacity | int | 90 | backgroundOpacity |
| Show Step Line | bool | true | showStepLine |
| Show Trend Background | bool | true | showBackground |
| Show Step Change Dots | bool | false | showStepDots |
| Uptrend Color | color | color.new(color.green, 0) | upColor |
| Downtrend Color | color | color.new(color.red, 0) | downColor |
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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