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 v5 · On the chart
Nexus Prime Engine v2.1 Anti-Noise
An overlay indicator that uses a wide SuperTrend-style trail with a zero-lag bias to print always-in buy and sell flips while ignoring small moves.
GitHub stars1on the repository
Pine versionv5runs as is
Lines of code286
Settings28inputs
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
Settings set the trail factor, price smoothing, minimum bars between flips, a break buffer and a minimum adverse move. Optional gates require ADX strength, DI direction, RSI side, HMA slope, a strong candle body and zero-lag alignment. Signals commit on bar close by default.
- Wide SuperTrend-style trail with flips
- Small-move blockers and break buffer
- ADX, DI, RSI and HMA gates
- Bar-close-only signals
- Trail fill, candle colors and dashboard
Details
Published by
vedkanani123 on GitHub
Type
Indicator, Pine Script v5
Draws
On the price chart
Category
Trend, Volatility & bands
Markets
Gold
Timeframes
M15-H1
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 |
|---|---|---|---|
| ATR Length | int | 14 | atrLen |
| Trail Factor (main anti-noise) | float | 3.2 | factor |
| Smooth price (kill spikes) | bool | true | smoothOn |
| Smooth length | int | 3 | smoothLn |
| Zero-Lag bias length | int | 14 | zlemaLen |
| Min bars between flips | int | 8 | minBars |
| Break buffer × ATR | float | 0.15 | breakBuf |
| Min adverse move × ATR to allow flip | float | 0.85 | minAdv |
| Min favorable run × ATR before flip OK (0=off) | float | 0.0 | minRun |
| Require ADX strength | bool | true | useAdx |
| ADX Length | int | 14 | adxLen |
| Min ADX | float | 20.0 | adxMin |
Show all 28 settings
| Setting | Type | Default | Variable |
|---|---|---|---|
| Require ADX rising | bool | false | useAdxUp |
| Require DI direction | bool | true | useDi |
| Require RSI direction | bool | true | useRsi |
| RSI Length | int | 14 | rsiLen |
| Require HMA structure slope | bool | true | useHma |
| HMA Length (structure) | int | 34 | hmaLen |
| Require strong close candle | bool | true | useBody |
| Require Zero-Lag bias align | bool | true | useZlBias |
| Show trail | bool | true | showTrail |
| Show Zero-Lag line | bool | false | showZlema |
| Show HMA structure | bool | false | showHma |
| Trail fill | bool | true | showFill |
| Color candles | bool | true | colorBars |
| Dashboard | bool | true | showDash |
| Sideways background | bool | false | showBg |
| Signals on bar close only (non-repaint) | bool | true | barCloseOnly |
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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