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 v4 All-TF Anti-Noise
An overlay indicator that prints always-in buy and sell flips from a volume-weighted, pre-smoothed ATR trail that widens when ADX signals chop.
GitHub stars1on the repository
Pine versionv5runs as is
Lines of code430
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
An auto mode scales the multiplier, bar spacing, travel distance and higher timeframe to the chart timeframe. Flips also pass an efficiency filter, a minimum ADX, confirmation closes, and HMA slope, DI and RSI checks, with a strong reverse path for large moves. Signals commit on bar close.
- Volume-weighted ATR trail with flips
- Auto-scaling to the chart timeframe
- Efficiency and ADX flip filters
- Automatic higher-timeframe filter
- HMA, DI and RSI direction checks
Details
Published by
vedkanani123 on GitHub
Type
Indicator, Pine Script v5
Draws
On the price chart
Category
Trend, Volatility & bands
Markets
Gold
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 |
|---|---|---|---|
| Auto-adapt to chart timeframe | bool | true | useAuto |
| ATR Length | int | 14 | atrLen |
| Base Trail × ATR | float | 3.4 | baseMult |
| Volume-weighted source | bool | true | useVolSrc |
| VW length | int | 14 | vwLen |
| Pre-smooth close (EMA2) | bool | true | preSmooth |
| ADX Length | int | 14 | adxLen |
| Chop if ADX < | float | 18.0 | adxChop |
| Widen trail in chop × | float | 1.40 | chopBoost |
| Block flips if ADX weak | bool | true | useAdxMin |
| Min ADX to flip | float | 17.0 | adxMin |
| Min bars between flips | int | 8 | minBarsIn |
Show all 40 settings
| Setting | Type | Default | Variable |
|---|---|---|---|
| Confirm closes beyond trail | int | 2 | confirmBarsIn |
| Min travel from last flip × ATR | float | 1.10 | minTravelIn |
| Min favorable run × ATR (0=off) | float | 0.30 | minRunIn |
| Break buffer × ATR | float | 0.12 | breakBuf |
| Strong reverse × ATR | float | 1.70 | strongBrk |
| Efficiency filter (block pure chop) | bool | true | useEff |
| Efficiency lookback | int | 8 | effLen |
| Min efficiency to flip | float | 0.28 | effMin |
| Enable HTF filter | bool | true | useHtf |
| HTF (used if Auto HTF OFF) | timeframe | 15 | htfTfManual |
| Auto pick HTF from chart TF | bool | true | autoHtf |
| HTF SuperTrend factor | float | 3.2 | htfFactor |
| HTF ATR length | int | 14 | htfAtrLen |
| HTF mode | string | Soft | htfMode |
| HMA slope | bool | true | useHma |
| HMA Length base | int | 50 | hmaLenIn |
| DI direction | bool | true | useDi |
| RSI side | bool | true | useRsi |
| RSI Length | int | 14 | rsiLen |
| Decisive candle | bool | true | useBody |
| Extra confluence points | int | 1 | needExtra |
| Show trail | bool | true | showTrail |
| Cloud fill | bool | true | showFill |
| Show HMA | bool | false | showHma |
| Show HTF line | bool | false | showHtf |
| Color candles | bool | true | colorBars |
| Dashboard | bool | true | showDash |
| Chop background | bool | true | showBg |
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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