This indicator overlays trend-following Supertrend bands on the price chart using Average True Range calculations. It plots trailing stop lines, highlights active trend directions, and prints buy or sell shape labels when price closes across band thresholds. I
Indicator · Pine Script v5 · On the chart
Target Trend [BigBeluga]
This indicator identifies market trends and projects dynamic price targets directly on the price chart.
GitHub stars1on the repository
Pine versionv5runs as is
Lines of code205
Settings2inputs
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
Target Trend [BigBeluga] calculates high and low bands using simple moving averages offset by a smoothed Average True Range buffer. Bullish and bearish trend signals trigger when confirmed bar closes cross above the upper band or below the lower band. Upon trend changes, the script plots multiple target levels based on ATR multiples. Users can adjust the trend moving average length and modify target offsets via the input settings. Signals require bar confirmation, preventing intrabar repainting.
- ATR-based target levels
- Moving average breakout bands
- Confirmed bar trend detection
- Configurable trend length and targets
Details
Published by
webcrack4 on GitHub
Code credit
BigBeluga, as written in the script's header
Type
Draws
On the price chart
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 |
|---|---|---|---|
| Trend Length | int | 10 | length |
| Set Targets | int | 0 | target |
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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