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
Indicator · Pine Script v4 · On the chart
Supertrend
This indicator calculates a classic Supertrend line on the price chart using Average True Range (ATR) and a user-defined multiplier.
GitHub stars1on the repository
Pine versionv4older, still runs
Lines of code37
Settings6inputs
LicenceNone stated
Last update9 months ago10 Jan 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 identifies prevailing market trends by dynamically trailing support and resistance levels. When price closes across the band, it signals a trend reversal with visual buy and sell labels. Users can adjust the ATR length, source, and multiplier, toggle between standard ATR or SMA-based ATR calculations, and enable background color fills.
- Customizable ATR period and multiplier settings
- Switchable ATR calculation method between standard ATR and SMA
- Visual buy and sell labels on trend reversals
- Background color fills highlighting active trend direction
- Built-in alert conditions for trend changes
Details
Published by
webcrack4 on GitHub
Type
Indicator, Pine Script v4
Draws
On the price chart
Category
Trend, Volatility & bands, Support & resistance
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.
File
Settings
The inputs you can change from the gear icon on the chart. Defaults are the author's.
| Setting | Type | Default | Variable |
|---|---|---|---|
| ATR Period | int | 10 | stPeriods |
| Source | source | hl2 | stSrc |
| ATR stMultiplier | float | 3.0 | stMultiplier |
| Change ATR Calculation Method ? | bool | true | stChangeATR |
| Show Buy/Sell Signals ? | bool | true | stShowsignals |
| Highlighter On/Off ? | bool | true | stHighlighting |
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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