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
SuperTrend
SuperTrend indicator calculates ATR-based bands on the price chart and determines trend direction by comparing current price to the bands.
GitHub stars2on the repository
Pine versionv5runs as is
Lines of code79
Settings4inputs
LicenceNone stated
Last update5 weeks ago18 Sep 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
SuperTrend plots upper and lower SuperTrend bands that shift based on price action. Signals trigger when the trend flips from down to up at the upper band for buy entries or from up to down at the lower band for sell entries. Primary settings control ATR period, multiplier value, and data source used in calculations. The indicator draws directly on the main price chart.
- SuperTrend bands
- ATR calculation
- trend reversal signals
- multiplier settings
- price chart overlay
Details
Published by
TamTH-Dev on GitHub
Code credit
tamth_, as written in the script's header
Type
Indicator, Pine Script v5
Draws
On the price chart
Category
Trend, Volatility & bands
Markets
Forex
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 |
|---|---|---|---|
| Timeframe | timeframe | | tf |
| ATR Period | int | 10 | prds |
| Source | source | hl2 | src |
| ATR Multiplier | float | 3 | mult |
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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