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
Once a user-defined minimum number of segments is gathered, the indicator computes the historical mean return and standard deviation. When the active segment return exceeds the statistical threshold of mean plus one standard deviation, it plots an upper-tier movement marker on the chart. It also displays a real-time informational dashboard table showing current trend direction, bar duration, and segment performance statistics.
SuperTrend direction and trailing band calculation
Historical trend segment return tracking
Statistical threshold based on mean and standard deviation
One-time breakout signal per qualifying trend segment
The inputs you can change from the gear icon on the chart. Defaults are the author's.
Setting
Type
Default
Variable
ATR Periyodu
int
10
atrPeriod
Faktör
float
3.0
factor
Eşik İçin Min. Kapanmış Segment
int
10
minSamples
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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