Indicator · Pine Script v5 · On the chart

Trendlines with Breaks LuxAlgo

by christonomous· code credited to LuxAlgo

This indicator detects swing highs and lows using configurable pivot lookback periods and plots upper and lower trendlines directly on the price chart.

View on GitHub

Repaints

GitHub stars1on the repository
Pine versionv5runs as is
Lines of code96
Settings7inputs
LicenceNone stated
Last update11 months ago1 Dec 2025

Add It to Your TradingView Chart

  1. 1Copy the scriptPress Copy script above. It reads the file straight from GitHub.
  2. 2Open the Pine EditorOpen a TradingView chart and choose Pine Editor at the bottom of the screen.
  3. 3Paste over the templateCreate a new indicator, select all of the template text and paste. Press Save and give it a name.
  4. 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

Slope angles are dynamically calculated using ATR, standard deviation, or linear regression methods. Breakout signals labeled with B appear when price crosses through the trendlines. Key settings allow adjusting the lookback length, slope multiplier, calculation method, extended lines, and backpainting. Because pivot detection uses historical lookback and backpainting offsets elements into past bars, historical lines and breakout signals repaint.

Details

Published by

christonomous on GitHub

Code credit

LuxAlgo, as written in the script's header

Type

Indicator, Pine Script v5

Draws

On the price chart

Category

Trend, Support & resistance, Breakout

Markets

Any symbol

Timeframes

Any timeframe

Risk Notes

  • Signals can change on the live bar or after it closes (repainting)

Settings

The inputs you can change from the gear icon on the chart. Defaults are the author's.

SettingTypeDefaultVariable
Swing Detection Lookbackint14length
Slopefloat1.mult
Slope Calculation MethodstringAtrcalcMethod
backpaintbooltruebackpaint
Up Trendline Colorcolorcolor.tealupCss
Down Trendline Colorcolorcolor.reddnCss
Show Extended LinesbooltrueshowExt
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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