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 v6 · On the chart
CODEX NEXUS v1 - Confirmed Flip Engine
An always-in trend flip indicator on the price chart.
Repaints
GitHub stars1on the repository
Pine versionv6current
Lines of code429
Settings40inputs
LicenceNone stated
Last update2 months ago23 Aug 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 label means exit short and enter long, and SELL means the reverse. It builds an ATR trailing line and combines EMA and HMA structure with ADX and DMI, choppiness and efficiency regime checks. New signals pause after volatility shocks or abnormal gaps. State changes are committed only on confirmed bar closes, and higher-timeframe data comes from the previous completed bar. Settings adapt to the chart timeframe.
- Confirmed-close BUY and SELL flips
- ATR trailing line with regime widening
- ADX, choppiness and efficiency filters
- Shock and gap pause rules
- Auto-adapting settings by timeframe
Details
Published by
vedkanani123 on GitHub
Type
Draws
On the price chart
Category
Markets
Any symbol
Timeframes
Any timeframe
Risk Notes
- Reads higher-timeframe data with lookahead on, so the history can show signals that were not there in real time
Settings
The inputs you can change from the gear icon on the chart. Defaults are the author's.
| Setting | Type | Default | Variable |
|---|---|---|---|
| Auto-adapt settings to chart timeframe | bool | true | useAuto |
| ATR length | int | 14 | atrLen |
| Trend trail distance x ATR | float | 3.00 | trailFactor |
| Trail widening in range transition | float | 1.30 | rangeTrailBoost |
| Fast EMA length | int | 10 | fastLen |
| Slow EMA length | int | 34 | slowLen |
| HMA length | int | 55 | hmaLenInput |
| Slope lookback | int | 3 | slopeLookback |
| ADX/DMI length | int | 14 | adxLen |
| Trend ADX threshold | float | 19.0 | adxTrend |
| Range ADX threshold | float | 16.0 | adxRange |
| Minimum DMI spread | float | 2.5 | diSpread |
Show all 40 settings
| Setting | Type | Default | Variable |
|---|---|---|---|
| Choppiness length | int | 14 | chopLen |
| Range choppiness threshold | float | 61.8 | chopEnter |
| Trend release choppiness threshold | float | 55.0 | chopRelease |
| Efficiency length | int | 12 | effLen |
| Range efficiency threshold | float | 0.24 | effRange |
| Trend efficiency threshold | float | 0.32 | effTrend |
| ATR baseline length | int | 50 | atrBaseLen |
| Pause new entries above ATR ratio | float | 2.40 | shockAtrRatio |
| Pause new entries above candle range x ATR | float | 2.80 | shockRangeAtr |
| Pause after abnormal gap | bool | true | useGapFilter |
| Abnormal gap x previous ATR | float | 1.50 | gapAtrFactor |
| Trail-break confirmation closes | int | 2 | breakConfirmInput |
| Minimum bars between flips | int | 6 | minBarsInput |
| Minimum travel from last flip x ATR | float | 0.75 | minTravelInput |
| Trail break buffer x ATR | float | 0.10 | breakBuffer |
| Strong reversal distance x ATR | float | 1.20 | strongBreakFactor |
| Enable strict early-turn path | bool | true | useEarlyTurn |
| Early-turn minimum bars | int | 6 | earlyMinBarsInput |
| Early-turn confirmation closes | int | 2 | earlyConfirmInput |
| Early-turn favorable leg x ATR | float | 1.00 | earlyLegFactor |
| Minimum directional quality score | int | 4 | minScoreInput |
| Use RSI side as quality evidence | bool | true | useRsiGate |
| RSI length | int | 14 | rsiLen |
| Use candle body as quality evidence | bool | true | useBodyEvidence |
| Use volume when available | bool | true | useVolumeEvidence |
| Volume average length | int | 20 | volumeLen |
| Volume threshold x average | float | 1.05 | volumeFactor |
| Enable higher-timeframe bias | bool | true | useHtf |
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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