ADX Strategy (original) is an overlay indicator that identifies trend-following trade signals using the Average Directional Index (ADX) combined with a Simple Moving Average filter. A long signal is generated when the ADX rises above a user-defined trend level
Indicator · Pine Script v5 · On the chart
TrendStop+boll
The TrendStop+boll indicator combines a trend trailing level system with configurable Bollinger Bands directly on the price chart.
GitHub stars3on the repository
Pine versionv5runs as is
Lines of code54
Settings10inputs
LicenceNone stated
Last update2 days ago28 Oct 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
TrendStop+boll evaluates Directional Movement (+DI/-DI) and MACD, locking in an EMA or VWAP benchmark level whenever momentum and directional filters are bullish. A secondary red line plots a offset stop level below the trend line. Additionally, it overlays customizable Bollinger Bands with choice of basis moving average types to visualize dynamic volatility channels.
- Combined TrendStop mechanism and Bollinger Bands overlay
- Selectable EMA or VWAP benchmark calculation
- MACD and Directional Indicator trend filtering
- Multiple basis moving average options for Bollinger Bands
Details
Published by
gocaman on GitHub
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 |
|---|---|---|---|
| EMA period | int | 21 | pr1 |
| normal/vwap | int | 2 | pr2 |
| DIRECTIONAL IND. Length | int | 14 | len |
| MACDfastLength | int | 12 | MACDfastLength |
| MACDslowlength | int | 26 | MACDslowlength |
| length | int | 20 | length |
| Basis MA Type | string | SMA | maType |
| Source | source | close | src |
| StdDev | float | 2.0 | mult |
| Offset | int | 0 | offset |
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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