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
Hurst Exponent Adaptive Supertrend
An indicator on the price chart that draws a Supertrend-style band around a Kalman-type smoothed price.
GitHub stars1on the repository
Pine versionv6current
Lines of code154
Settings10inputs
LicenceNone stated
Last update6 months ago11 Apr 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
The Hurst exponent, estimated by variance scaling over a lookback, adjusts both the smoother gain and the ATR multiplier, so the band widens in choppy conditions and tightens in trending ones. Presets named Default, Fast Response and Smooth Trend set all values at once, and colour presets change the look. The trend colour flips when price crosses the band.
- Hurst exponent estimate by variance scaling
- Kalman-style smoothed trend line
- ATR band widened in choppy conditions
- Three presets and colour themes
Details
Published by
Focal-QuantAI on GitHub
Code credit
QuantAlgo, as written in the script's header
Type
Indicator, Pine Script v6
Draws
On the price chart
Category
Trend, 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.
Settings
The inputs you can change from the gear icon on the chart. Defaults are the author's.
| Setting | Type | Default | Variable |
|---|---|---|---|
| Preset Configuration | string | Default | preset_config |
| Lookback Period | int | 60 | h_period |
| Scaling Lag (q) | int | 10 | h_lag |
| Base Tracking Gain | float | 0.2 | kf_gain |
| ATR Length | int | 10 | atr_len |
| Base Multiplier | float | 1.5 | atr_base |
| Hurst Scale Factor | float | 3.0 | atr_hscale |
| Color Preset | string | Custom | color_preset |
| Bullish Color | color | #00ffaa | bullish_input |
| Bearish Color | color | #ff0000 | bearish_input |
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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