This strategy executes trades based on dual exponential moving average trend alignment, customizable Bollinger Bands, and normalized ATR volatility thresholds. It enters positions in the direction of the moving average trend and manages risk using a dynamic st
Strategy · Pine Script v6 · On the chart
Tn Sovereign Chandelier
This strategy adapts the Chandelier Exit indicator to build a trend-following system with added audit filters.
GitHub stars1on the repository
Pine versionv6current
Lines of code93
Settings5inputs
LicenceNone stated
Last update2 months ago15 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 strategy, select all of the template text and paste. Press Save and give it a name.
- 4Add it to the chartPress Add to chart. The trades and results appear in the Strategy Tester tab; adjust the settings with the gear icon.
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
Tn Sovereign Chandelier calculates trailing stop levels using ATR and highest highs or lowest lows to determine directional shifts. Entries are filtered through a long-term EMA regime filter and a volume spike condition. Signals execute position reversals directly on the price chart, accompanied by a status dashboard in the top right corner. The strategy lacks distinct stop-loss or take-profit orders, relying entirely on signal reversals to close trades.
- Chandelier Exit directional trend detection
- Exponential moving average regime filter
- Volume surge threshold audit
- On-screen status HUD dashboard
Details
Published by
raybird on GitHub
Type
Strategy, Pine Script v6
Draws
On the price chart
Category
Trend, Volatility & bands, Moving averages, Screeners & dashboards
Markets
Any symbol
Timeframes
Any timeframe
Risk Notes
- The strategy enters trades without a stop loss
Settings
The inputs you can change from the gear icon on the chart. Defaults are the author's.
| Setting | Type | Default | Variable |
|---|---|---|---|
| ATR 週期 | int | 22 | atrLen |
| ATR 倍數 | float | 3.0 | atrMult |
| 啟用 200 EMA 環境過濾 | bool | true | useRegime |
| 環境 EMA 週期 | int | 200 | regimeLen |
| 啟用成交量審計 | bool | true | useVol |
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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