by 
This indicator calculates and plots the exponential moving average on the chart, along with Keltner Channel bands. It applies optional filters based on Keltner Channel and Money Flow to identify breakout signals. Breakouts occur when price crosses the EMA with
Indicator · Pine Script v5 · Own pane
ATR Expansion with Trend
This indicator identifies potential bullish breakout opportunities by detecting volatility expansions in the direction of an established trend.
GitHub stars1on the repository
Pine versionv5runs as is
Lines of code11
Settings2inputs
LicenceMIT
Last update12 days ago16 Oct 2026
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
11 lines of Pine Script v5 from backend/app/pine/examples/atr_expansion.pine, published under MIT. Keep the author's credit and licence lines when you reuse it.
//@version=5
indicator("ATR expansion with trend")
atrLen = input.int(14, title="atr_length")
maLen = input.int(50, title="trend_ma")
a = ta.atr(atrLen)
expanding = a > 1.5 * ta.sma(a, atrLen)
trendUp = close > ta.sma(close, maLen)
bigBar = (high - low) > 1.2 * a
fire = expanding and trendUp and bigBar and close > open
alertcondition(fire, title="atr_expansion_up")
plotshape(fire, title="long", location=location.belowbar)
Overview
ATR Expansion with Trend calculates the Average True Range (ATR) and determines if volatility is expanding by comparing ATR to its moving average. A signal fires when ATR expands, price trades above a trend moving average, the current bar range is significantly larger than the ATR, and the candle closes green. It plots long signals below the bar and provides alert functionality. The user can adjust the ATR period and trend moving average length. It does not include exit rules or stop loss levels.
- ATR volatility expansion detection
- Moving average trend condition filter
- Large candle range filter
- Plot shape triggers and alert conditions
Details
Published by
quantxaashish on GitHub
Type
Indicator, Pine Script v5
Draws
Separate pane below the chart
Category
Trend, Volatility & bands, Breakout
Markets
Stocks
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 |
|---|---|---|---|
| atr_length | int | 14 | atrLen |
| trend_ma | int | 50 | maLen |
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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