This indicator calculates and plots Donchian Channels directly on the price chart. It determines the highest high and lowest low over a user-selected lookback period using an optimized monotonic deque algorithm, as well as a middle basis line computed as their
Indicator · Pine Script v6 · On the chart
ATR Pip Control
ATR Pip Control is a volatility indicator that plots adaptive upper and lower bands based on ATR calculations.
Repaints
GitHub stars3on the repository
Pine versionv6current
Lines of code727
Settings18inputs
LicenceNone stated
Last update10 days ago20 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
ATR Pip Control draws signal triangles, labels, and bar colors on the price chart for breakout direction. Local end support and resistance lines appear on both sides of the chart. Settings control band visibility, persistence, signal confirmation, and table display. The indicator repaints on the live bar and uses a source timeframe for calculations.
- Adaptive ATR bands
- Signal labels
- Local end lines
- Bar coloring
- Volatility filter
Details
Published by
ricksimpsontrading on GitHub
Code credit
RickSimpson., as written in the script's header
Type
Draws
On the price chart
Category
Markets
Any symbol
Timeframes
Any timeframe
Risk Notes
- Signals can change on the live bar or after it closes (repainting)
Settings
The inputs you can change from the gear icon on the chart. Defaults are the author's.
| Setting | Type | Default | Variable |
|---|---|---|---|
| Signal Labels | bool | true | showLabels |
| Bullish Color | color | #42A5F5 | bullColor |
| Bearish Color | color | #FF7043 | bearColor |
| Volatility Bands | bool | false | showBands |
| Bar Coloring | bool | true | showBarColors |
| ATR Period | int | 21 | atrPeriod |
| Filter Unit | string | Adaptive | filterUnit |
| Filter Value | float | 25 | filterValue |
| Upper Coefficient | float | 0.8 | upperCoef |
| Lower Coefficient | float | 0.8 | lowerCoef |
| Local End Lines | bool | true | showLocalEnds |
| Lines Per Side | int | 5 | linesPerSide |
Show all 18 settings
| Setting | Type | Default | Variable |
|---|---|---|---|
| Price Labels | bool | true | showPriceLabels |
| Detection | string | Confirmed | signalMode |
| Persistence Filter | int | 0 | persistBars |
| Source Timeframe | timeframe | 60 | sourceTf |
| Show Table | bool | true | showTable |
| Position | string | Top Right | tablePosition |
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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