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
Grok Prime Flip Engine v1
An always-in flip indicator on the price chart, where BUY exits a short and enters long and SELL does the reverse.
Repaints
GitHub stars1on the repository
Pine versionv6current
Lines of code575
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 regime layer classifies the market as range or trend using ADX, efficiency and a range box, and can freeze aggressive paths in a range. The ATR trail has a per-bar velocity cap and can tighten after a large trend leg. Flips also need minimum bars, travel, giveback from peak, a swing break and a structure score.
- Range versus trend regime classification
- ATR trail with velocity cap
- Progressive tightening after large legs
- Swing break and structure score gates
- 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 to chart timeframe | bool | true | useAuto |
| ADX / DMI length | int | 14 | adxLen |
| RANGE if ADX < | float | 19.0 | adxChop |
| TREND if ADX ≥ | float | 24.0 | adxTrend |
| Efficiency lookback | int | 12 | effLen |
| RANGE if efficiency < | float | 0.24 | effRange |
| Min efficiency for normal flip | float | 0.26 | effMinFlip |
| Range box lookback | int | 24 | rangeLenIn |
| RANGE if box width < × ATR | float | 3.10 | rangeMaxAtr |
| Freeze aggressive paths in RANGE | bool | true | freezeInRange |
| ATR length | int | 14 | atrLen |
| Base trail × ATR | float | 3.20 | baseMult |
Show all 40 settings
| Setting | Type | Default | Variable |
|---|---|---|---|
| Extra trail widen in RANGE × | float | 1.40 | rangeMultBoost |
| Pre-smooth source EMA(2) | bool | true | preSmooth |
| Volume-weighted source when volume exists | bool | false | useVolSrc |
| VW length | int | 12 | vwLen |
| Terminal velocity cap × ATR | float | 0.85 | vmaxAtr |
| Trail break buffer × ATR | float | 0.10 | breakBuf |
| Tighten trail after large TREND leg | bool | true | useProg |
| Start tighten after leg × ATR | float | 2.50 | progStart |
| Full tighten after leg × ATR | float | 5.00 | progFull |
| Min mult fraction | float | 0.65 | progMinFrac |
| Min bars between flips (base) | int | 10 | minBarsIn |
| Confirm closes beyond trail | int | 2 | confirmBarsIn |
| Min travel from last flip × ATR | float | 1.35 | minTravelIn |
| Min giveback from peak × ATR | float | 1.10 | minAdverseIn |
| Swing lookback | int | 10 | swingLenIn |
| Require swing break for trail flip | bool | true | needSwing |
| Mega breakout depth × ATR | float | 2.10 | strongBrk |
| Min structure score (0-5) | int | 2 | minStruct |
| Require efficiency gate | bool | true | useEffGate |
| Enable anti-micro filter | bool | true | useAntiMicro |
| Min hold bars before reverse | int | 18 | minHoldBarsIn |
| Min leg profit × ATR to reverse early | float | 1.70 | minLegProfitAtr |
| Micro-window bars | int | 20 | microWinBars |
| Micro-window max width × ATR | float | 2.40 | microWinMaxAtr |
| Min net path since flip × ATR | float | 1.40 | minFlipNetAtr |
| HMA length | int | 48 | hmaLenIn |
| ZLEMA fast | int | 9 | zlFastLen |
| ZLEMA slow | int | 21 | zlSlowLen |
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
The Momentum Setup is a multi-indicator visual tool designed for trend and momentum analysis directly on the price chart. It combines Relative Strength Index (RSI), Money Flow Index (MFI), Commodity Channel Index (CCI), Supertrend, and a 250-bar percentage cha
Range Filter [Alorse] is a technical indicator overlay for TradingView designed to filter market volatility and identify price trends. It calculates a smoothed range based on historical volatility using a configurable sampling period and multiplier applied to
This indicator calculates an ATR trailing stop line derived from the highest high minus an average true range multiple over a specified lookback period. It plots the trailing stop line directly on the price chart and colors price bars based on whether the clos
This indicator plots three exponential moving averages and ATR volatility envelopes on the price chart. It compares the fast and slow EMAs to shade a trend ribbon and marks confirmed upward and downward crossovers with triangle labels. Settings change the thre
This indicator plots Donchian Channel boundary lines along with dynamic fan projections directly on the price chart. It calculates the highest high, lowest low, and median price over a customizable lookback period. Whenever price establishes a new channel high
Related on ForexR
Trade Your Charts With a Regulated Broker
Compare brokers that connect to TradingView, with spreads, minimum deposits and leverage side by side.
Compare brokers