by 
This trend-following strategy executes a classic Donchian channel breakout system designed to cross-validate backtest results against external framework benchmarks. It triggers a long entry when the closing price breaks above the highest high of the prior entr
Strategy · Pine Script v5 · On the chart
ATTraderAlgo Auto Trendline Trader
A Pine v5 strategy that draws trendlines through confirmed swing highs and lows on the price chart.
GitHub stars1on the repository
Pine versionv5runs as is
Lines of code211
Settings13inputs
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 strategy, select all of the template text and paste. Press Save and give it a name.
- 4Add it to the chartPress Add to chart. The trades and results appear in the Strategy Tester tab; adjust the settings with the gear icon.
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
Swing pivots are confirmed after a set number of bars to the right, and a minimum slope angle removes flat lines. A trade mode setting chooses between breakout trades through a line and bounce trades off it. Stops and targets are ATR multiples, and size is a small percent of capital with commission and slippage set. Pyramiding is off.
- Automatic trendlines from confirmed swing pivots
- Breakout or bounce trade mode
- Minimum slope angle filter
- ATR stop loss and take profit
- Optional pivot markers and colored backgrounds
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 |
|---|---|---|---|
| Order Size (%) | float | 1.0 | strategy_qty |
| Swing Left Bars | int | 5 | swing_left_bars |
| Swing Right Bars | int | 5 | swing_right_bars |
| Max Swings to Connect | int | 3 | max_swings_to_connect |
| Min Slope Angle (Degrees) | float | 5.0 | min_slope_angle |
| ATR Length for SL/TP | int | 14 | atr_length |
| Stop Loss Multiplier (ATR) | float | 2.0 | sl_multiplier |
| Take Profit Multiplier (ATR) | float | 4.0 | tp_multiplier |
| Trade Mode | string | Breakout | trade_mode |
| Trendline Color | color | color.blue | line_color |
| Breakout Background Color | color | color.new(color.green, 80) | breakout_color |
| Bounce Background Color | color | color.new(color.red, 80) | bounce_color |
Show all 13 settings
| Setting | Type | Default | Variable |
|---|---|---|---|
| Show Confirmed Pivots | bool | true | show_pivots |
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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