TradingView Trend Spotter Indicator

Professional ATR-Based Trading Signals for Pine Script v6

MIT License Pine Script v6 TradingView Platform
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📈About Twisted Analytics

Twisted Analytics (TA) is a FinTech company dedicated to empowering traders with advanced tools, methods, and strategies. In a world where nearly 90% of traders lose money, our mission is to change that statistic. We design efficient, accurate, and practical indicators that provide clarity in chaotic markets, giving every trader the chance to trade with confidence and precision.

Our latest innovation, the Trend Spotter Indicator (TA ATR Model), combines Average True Range calculations with trailing stop logic to generate clear buy and sell signals, making it an essential tool for trend-following strategies.

📊Overview

The Trend Spotter Indicator (TA ATR Model) is a custom Pine Script indicator designed to help traders identify optimal entry and exit points in trending markets. This indicator combines Average True Range (ATR) calculations with trailing stop logic to generate clear buy and sell signals, making it an essential tool for trend-following strategies.

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Features

ATR-Based Trailing Stops

Dynamic stop levels that adapt to market volatility, ensuring optimal risk management across different market conditions.

Heikin Ashi Support

Optional Heikin Ashi candle data for smoother trend analysis and reduced market noise.

Visual Signal System

Clear BUY and SELL labels directly on your chart for instant recognition.

Bar Coloring

Color-coded bars for instant trend recognition - green for bullish signals, red for bearish signals.

Alert System

Built-in alerts for long and short signals to never miss trading opportunities.

Customizable Parameters

Adjustable sensitivity and ATR period settings to match your trading style and timeframe.

🛠️Installation

  1. Open TradingView and navigate to the Pine Script editor
  2. Copy the contents of TrendSpotter.pine
  3. Paste the code into a new Pine Script
  4. Click "Add to Chart"
  5. Configure your preferred settings
Request Pine Script Code

⚙️Configuration

Input Parameters

Parameter Default Description
Noise Value 2.0 Controls the sensitivity of the indicator. Higher values = less sensitive
ATR Period 7 Number of periods for ATR calculation
Use Heikin Ashi false Toggle to use Heikin Ashi candle data instead of regular OHLC

Recommended Settings

Scalping (1m-5m)

Noise Value: 1.5
ATR Period: 5

Day Trading (15m-1h)

Noise Value: 2.0
ATR Period: 7 (default)

Swing Trading (4h-1D)

Noise Value: 2.5
ATR Period: 14

🔧How It Works

Core Algorithm

  1. ATR Calculation: Measures market volatility over the specified period
  2. Trailing Stop Logic: Creates dynamic support/resistance levels
  3. Signal Generation: Triggers buy/sell signals when price crosses the trailing stop
  4. Position Tracking: Maintains trend direction state

Signal Logic

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💡Trading Strategy Examples

Trend Following Strategy

Entry: Buy signal appears + price above 20 EMA Exit: Sell signal appears OR stop-loss hit Risk Management: 1-2% risk per trade

Scalping Strategy

Entry: Buy/Sell signal with immediate execution Exit: Opposite signal OR quick profit target (10-20 pips) Risk Management: Tight stops, high win rate focus

📱Alerts Setup

The indicator includes built-in alert conditions:

  1. Go to TradingView's Alert panel
  2. Select "TA ATR Model" as the condition
  3. Choose between:
    • Long Alert: Triggers on buy signals
    • Short Alert: Triggers on sell signals
  4. Configure your notification preferences

⚠️Risk Disclaimer

This indicator is for educational and informational purposes only. Trading involves substantial risk and is not suitable for all investors. Past performance does not guarantee future results. Always:

📞Support & Contact

For questions, Pine Script access, or technical support:

📩 Email: [email protected]

💬 GitHub: @rogueops

📞 Discord: Twisted Trading Hub

Get Support Request Pine Script