This overlay indicator marks Linda Raschke short-term bar setups on the price chart. It flags Turtle Soup and Turtle Soup plus one false breakouts of a prior extreme, 80-20 bars, inside bars, failed inside-bar breakouts, outside up and down bars, NR4 and NR7 c
Indicator · Pine Script v5 · On the chart
ATR Range Break
Plots the 20-bar highest high and lowest low on the price chart, plus buy and sell levels set one ATR beyond them.
GitHub stars1on the repository
Pine versionv5runs as is
Lines of code49
Settings0inputs
LicenceNone stated
Last update8 months ago27 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
A buy triangle appears when the close first moves above the upper level and a sell triangle when it first drops below the lower level. The ATR value is also plotted, and alert conditions exist for both signals. Lengths are fixed in the code with no input settings. The comment about an opening range does not match the code, which uses a rolling 20-bar range.
- 20-bar high and low channel
- Buy and sell levels offset by ATR
- Triangle markers on breakouts
- Buy and sell alert conditions
Details
Published by
itstherax on GitHub
Type
Indicator, Pine Script v5
Draws
On the price chart
Category
Breakout, Volatility & bands
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.
Similar Pine Scripts
Acceleration Bands is an overlay indicator that plots a volatility envelope around a central simple moving average. It calculates upper and lower boundary bands scaled by the high-to-low bar range relative to the midpoint price, smoothed by an SMA over a user-
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
The Donchian Channels indicator plots the middle basis line as the average of the high and low over the user-defined period. It also draws the upper band as the highest high and the lower band as the lowest low across the same period on the price chart. The ma
This indicator plots Donchian channel bands and a midline on the price chart. It finds the highest and lowest values over a user-set length, then draws the upper band, lower band, and their average as the basis. The source setting chooses high and low, or the
This indicator plots a Donchian channel on the price chart. It calculates the highest high and the lowest low over a user-set lookback, then draws those values as upper and lower bands with a midline equal to their average. The area between the bands is filled
Trade Your Charts With a Regulated Broker
Compare brokers that connect to TradingView, with spreads, minimum deposits and leverage side by side.
Compare brokers