Everget TradingView: Your Complete Guide to Professional Trading Indicators and Scripts
Everget on TradingView is a go-to source for reliable, high-quality technical indicators and Pine Script code. It's the work of developer Alex Orekhov, who has built a strong reputation for creating professional, open-source trading tools. These tools help everyone, from beginners to experienced traders, make smarter decisions, especially when the markets get unpredictable.
With hundreds of published scripts and a GitHub repository that's earned over 685 stars, everget's resources have become a fundamental part of many technical analysts' toolkits around the world.
Who is Everget on TradingView?
Everget is a skilled Pine Script developer who joined TradingView back in March 2017. If you're looking for technical indicators that are accurate, functional, and easy to understand, his profile is a great place to start. You can also find him on Telegram under @alex_everget.
What really makes everget stand out from other script creators is a firm commitment to open-source development. This means you can actually look under the hood to see how an indicator works before you decide to use it—no black boxes here. It's all about transparency and trust. For those interested in learning more about coding custom alerts, our Pine Script alertcondition(): Complete Guide to Custom TradingView Alerts 2025 provides comprehensive coverage of alert functionality.
When you browse the everget profile on TradingView, you'll find a huge collection of scripts for all kinds of trading styles, whether you're a scalper, day trader, or a long-term investor. From momentum oscillators to full trend-following systems, there's a tool for nearly every situation. And if you have a specific strategy in mind, everget also offers custom coding services to build a personalized solution for you.
Most Popular Everget TradingView Indicators
HalfTrend Indicator
If you're looking at everget's scripts, you've probably come across the HalfTrend indicator. It's incredibly popular, with over 360,657 traders having added it to their charts. Think of it as a tool that helps you see the market's direction and spot potential turning points. It does this by using something called Average True Range (ATR) in its calculations.
It works a lot like the SuperTrend indicator but uses a different method to figure out the trend. You'll see it as colored lines on your chart: a blue line when the trend is up, and a red line when it's down.
The real magic happens when the line changes color. A switch from blue to red acts as a sell signal (you'll see a red flash), and a change from red to blue is a buy signal (shown with a blue flash). Many traders like to pair it with another indicator, like the ADX, to help confirm these signals and make them more reliable. The best part? It seems to work well on different timeframes, whether you're a day trader or a swing trader, and across various markets.
Chandelier Exit Indicator
Everget's version of the Chandelier Exit indicator is a real game-changer for managing your trades, which might be why it's been picked up by a massive 783,877 users. At its heart, it's a smart trailing stop-loss that uses ATR to figure out how far to place the stop.
The idea for this indicator actually comes from Charles Le Beau and was later shared by Dr. Alexander Elder in his trading book. Its main job is to help you lock in profits while still giving your trade enough room to move without getting stopped out too early.
What makes everget's take on it so nice to use is that it cleans things up. It removes some of the flickering you might see in other versions and clearly marks the starting points for both long and short trades. It's highly recommended to use this specific version on TradingView because of these clearer visuals and better alert features. You can adjust the ATR setting based on how much risk you're comfortable with, but it usually starts at a value of three.
Price Volume Trend (PVT) Indicator
For those who like to see what the trading volume is saying, everget's Price Volume Trend (PVT) indicator is a fantastic choice, with 152,906 users giving it a try. This indicator blends price action with volume data to show you how strong a trend really is.
It's particularly good at spotting divergences. This is when the price is making new highs, but the volume trend isn't, or vice-versa. These moments often hint that a trend might be running out of steam and a reversal could be coming.
Because everget has made this an open-source script, you're free to tweak it. You can change the colors or adjust how it's calculated to better fit your own trading style. A lot of people find it's the perfect confirming tool to add to their existing strategy, giving them more confidence in their entry and exit decisions.
Adaptive Moving Average
This isn't your ordinary moving average. Everget's Adaptive Moving Average is designed to change its behavior based on how jumpy the market is. It was originally created by Vitali Apirine and featured in a well-known traders' magazine.
Here's how it's different: when the market is trending strongly, it speeds up to follow the price more closely. When things get choppy and the market is moving sideways, it slows down and smooths out to avoid giving you false signals.
This ability to adapt makes it really useful. It has less lag than a simple moving average when a trend takes off, and it gets faked out less often during quiet periods. Traders use it for all sorts of things—to figure out the overall trend direction, to spot potential areas of support and resistance, and to help time their entries into a trade.
Why Everget Indicators Can Level Up Your Trading
You Can See Exactly How They Work
One of the coolest things about Everget indicators is that they're completely open-source. This means the code isn't hidden behind a locked door. You can actually look under the hood to see how every calculation is made and verify the logic for yourself before you ever place a trade. It builds a ton of confidence knowing exactly how a signal is generated.
In the true spirit of the TradingView community, Everget actively encourages this transparency. They've even called out people who try to sell repackaged versions of these free tools. Their whole vibe is: why pay for something that's already available to you for free? This approach makes seriously powerful tools accessible to everyone, no matter your account size.
Signals You Can Actually Trust
A huge issue with many free indicators is "repainting"—where old signals change or disappear as new price data comes in. This makes backtesting useless and real-time trading frustrating. If you're serious about strategy validation, our guide on Is TradingView Strategy Tester Accurate? A Comprehensive Guide to Backtesting Reliability explores this topic in depth.
Everget's professional tools are built to be non-repainting. Once a signal appears on your chart, it stays there. It doesn't magically change later. This is crucial because it means you can trust what you see, test your strategies reliably, and get a true picture of how the indicator would have performed in the past.
The suite includes self-adjusting tools, advanced algorithms (like Jurik), and automated pattern detectors that are built to hold up in any kind of market. These are the kinds of features you'd usually have to pay a monthly subscription for elsewhere.
They Work However You Trade
Whether you're trading stocks, forex, crypto, or futures, these indicators are designed to adapt. They perform just as well on a fast 5-minute chart for a day trader as they do on a daily chart for someone holding positions for weeks.
For instance, their Enhanced Chande Momentum Oscillator (CMO) is a real workhorse. You'll find it's especially accurate on higher timeframes (like 8-hour charts and above), but it's also responsive enough to support a scalping strategy on a 1-minute chart. This flexibility means you can stick with a consistent set of tools no matter your trading style.
How to Use Everget Indicators Effectively
Adding Everget Indicators to Your Chart
To get started, head over to the "Indicators" button at the top of your TradingView chart. In the search bar, type the name of the indicator you want, followed by "everget". So, for example, if you're looking for the HalfTrend, you'd search for "HalfTrend everget". The right script should pop up. Just click on it to add it to your chart.
Once it's on your chart, you can click the little settings gear icon to tweak it to your liking. The great thing is, these indicators come with preset values that work well right out of the gate for most people. But if you want to adjust the sensitivity, change the colors, or set up alert conditions, you have all those options. Many of them can even send you buy or sell alerts directly through TradingView's notification system.
Combining Multiple Indicators
Using one indicator can give you some good insights, but the real power comes from combining a few of them. It's like building a toolkit where each tool has a specific job.
Here's a common setup that works well for a lot of traders:
- Use the HalfTrend indicator to figure out which way the overall trend is moving.
- Let the Chandelier Exit handle where to place your stop-loss to protect your trade.
- Bring in an oscillator like the Enhanced CMO to help you time your entry points more precisely.
Another solid combination is using the Adaptive Moving Average for trend direction, the Price Volume Trend to confirm that the move has some strength behind it, and then looking at traditional support and resistance levels for the bigger picture. The key is to pick indicators that look at different things—you don't want two tools that are basically telling you the same information.
Risk Management Integration
This is where things get really practical. A tool like Everget's Chandelier Exit is fantastic for managing your risk, especially when you pair it with your other indicators. What it does is automatically adjust your stop-loss level based on how jumpy the market is. This helps you lock in profits and protect your capital without getting stopped out by every little price wiggle.
You can control how sensitive this is by adjusting the ATR multiplier. It's a personal choice that depends on your style:
| Trading Style | Suggested ATR Multiplier |
|---|---|
| More Conservative | 3 - 4 |
| More Aggressive | 2 - 2.5 |
A higher number gives your trade more room to breathe, while a lower number keeps your stop-loss tighter. Think about what you're comfortable with and set it accordingly.
Everget Premium vs Free Indicators: Which Should You Choose?
Trying to decide between Everget's free and premium indicators? It's a common question. Let's break down what you get with each option, so you can pick the tools that best fit your trading style and goals.
Free Indicator Collection
Everget has a solid collection of free indicators that anyone with a TradingView account can use. You can find them all in their "tradingview-pinescript-indicators" repository on GitHub. This includes all the classics—moving averages, various oscillators, volatility bands, and systems that help you follow the trend. The best part? They're genuinely professional tools that don't cost a thing, which is fantastic for traders who are just getting started or watching their budget.
Another huge plus is that you get the full source code. If you're curious about how things work under the hood or want to learn Pine Script, you can open up any indicator and see exactly how it's built. It's like getting a trading tool and a programming lesson in one, which can really help you start building your own custom scripts down the line.
Premium Indicator Offerings
On the other hand, Everget's premium indicators are where you'll find more specialized features. These are the tools that include advanced, often exclusive algorithms. We're talking about self-adjusting optimizers that adapt to market conditions, sophisticated smoothing techniques (like Jurik-based ones), and pattern detection systems that are a step above what's available for free.
These premium scripts also tend to give you clearer visual cues on your charts and a lot more options to tweak the settings to your exact preference. And if you ever run into trouble, you typically get priority support. Access is granted through TradingView's invite-only system once you've subscribed. Essentially, you're paying for tools that represent years of focused research and development aimed at solving specific, complex trading problems.
If you're looking for a middle ground that combines the customization freedom of open-source indicators with the advanced capabilities of premium tools, Pineify offers an interesting alternative. With Pineify's visual editor, you can create your own professional-grade indicators and strategies without needing to code, while still maintaining full control over your trading logic. It's particularly useful for traders who want to build upon existing concepts or create completely custom solutions that fit their specific trading approach.
Quick Comparison
| Feature | Free Indicators | Premium Indicators |
|---|---|---|
| Cost | Free | Paid Subscription |
| Access | Public (GitHub/TradingView) | Invite-only via TradingView |
| Code Access | Full source code available | Source code not included |
| Support | Community-based | Priority Support |
| Best For | Learning, beginners, custom projects | Advanced features, exclusive algorithms, dedicated support |
Common Trading Strategies with Everget Indicators
Trend-Following Strategy
One of the most intuitive ways to trade is by following the trend, and you can do this by combining the HalfTrend indicator with the Adaptive Moving Average. It's pretty straightforward: you look for buying opportunities when the HalfTrend line turns blue and the price is trading above the Adaptive Moving Average. You'd typically exit that trade when the HalfTrend line switches to red.
For short trades, you do the opposite. Enter when the HalfTrend shows red and the price is below the Adaptive Moving Average.
To protect your profits, the Chandelier Exit indicator is fantastic for setting trailing stops. These stops automatically move as the trend develops, locking in gains. This method works really well on timeframes from 15 minutes all the way up to daily charts, but you'll often find the most dependable signals on the higher timeframes.
Momentum Reversal Strategy
If you're watching for moments when the market's momentum is about to switch direction, the Enhanced Chande Momentum Oscillator can be a great tool. Think of it this way:
- When the oscillator crosses above its upper line, it suggests a good time to consider long positions. This bias stays in place until the oscillator falls below its lower line.
- When it crosses below that lower line, it's a signal to consider short positions.
You can make these signals even stronger by paying attention to key support and resistance levels on your chart. This approach really shines in jumpy, volatile markets where momentum can change quickly. It works best with assets that have a lot of daily movement and are easy to buy and sell.
Volume Confirmation Strategy
Sometimes a price move needs a second opinion, and that's where volume comes in. The Price Volume Trend (PVT) indicator is perfect for confirming the signals you get from your other strategies.
| Market Condition | PVT Behavior | What It Confirms |
|---|---|---|
| Uptrend | PVT is Rising | Buying pressure is strong and supporting the move up. |
| Downtrend | PVT is Falling | Selling pressure is genuine and sustaining the drop. |
Perhaps the most useful thing to watch for is a divergence. This is when the price is making a new high, but the PVT is making a lower high (or vice versa). This can often be an early heads-up that a trend might be running out of steam.
Using volume to confirm your trades helps filter out false alarms and makes your overall strategy more robust, because it ensures that price movements are backed by real trading activity.
Q&A Section
Q: Are everget indicators suitable for beginners?
Absolutely. Everget indicators are built to be really approachable, with clean interfaces and clear signals that are easy to understand. Because they're open-source, if you're just starting out, you can actually look under the hood to see how they work, which is a fantastic way to learn technical analysis. Beginning with a straightforward indicator like HalfTrend can give you a solid foundation before you move on to more advanced tools.
Q: Do everget indicators repaint?
No, they don't. Everget's professional indicators are designed to be non-repainting. This means that once a signal appears on your chart, it stays put. The historical data you see is exactly what a trader would have seen in real-time, which is crucial for testing your strategies reliably and having confidence in your backtesting results. For a deeper understanding of testing methodologies, check out our comprehensive How to Backtest on TradingView: The Complete 2025 Guide That Actually Works guide.
Q: Can I use everget indicators for automated trading?
Yes, you can. They work well for automation by using TradingView's alert system. You can connect those alerts to your trading platform using automation tools like PineConnector. Many everget indicators come with ready-made alert conditions for buy and sell signals, making it easier to set up automated order execution.
Q: What timeframes work best with everget indicators?
Everget indicators work on all timeframes, but the "best" one really depends on the specific indicator and your trading style. For instance, the Enhanced CMO tends to be most accurate on 8-hour charts and higher, while the HalfTrend indicator is versatile and performs well from the 5-minute chart all the way up to daily charts. As a general rule, higher timeframes (like 4-hour and above) usually give you more reliable signals with less market noise.
Q: Are there any costs associated with everget indicators?
The vast majority of everget indicators are completely free and open-source. The developer does offer some premium indicators with more advanced features through a paid subscription, but the free collection is more than enough for most traders to build and test effective strategies.
Q: How do I customize everget indicator settings?
It's pretty simple. After you add an indicator to your chart, just click the little settings gear icon. This opens up a menu where you can tweak all sorts of parameters—things like period lengths, multipliers, colors, and alert settings. Most options even have tooltips that explain what each setting does, which is super helpful.
Your Next Moves
Alright, you've seen what the everget TradingView indicators can do. So, what now? It's time to get them on your charts and see how they work for you.
Head over to the everget profile on TradingView. Browse through all the free indicators and pick out a couple that feel like they match how you like to trade. A great way to start is with straightforward tools like the HalfTrend or Chandelier Exit to get a feel for the trend. Once you're comfortable, you can slowly try out some of the more advanced ones.
After you download your favorites, the real work begins. Don't just use them blindly on today's market. Go back in time and backtest them on historical data. See how they behaved when the market was crashing, or when it was stuck in a rut. This is like a practice run before the big game.
Next, open a demo trading account and paper trade with your new toolkit for at least 30 days. This is non-negotiable. Use fake money, but treat it like it's real. Write down every trade. Why did you enter? Why did you exit? What did the indicators tell you? Review your notes and tweak your approach based on what the data is telling you, not what your gut feels in the moment.
You're not in this alone. Join the TradingView community and connect with other traders using these same tools. Share what you're seeing and learn from their experiences. If you're the curious, tinkering type, you can even peek at the everget GitHub repository to see how the indicators are built and maybe even learn to make your own tweaks.
Just remember: these indicators are powerful tools, but they are just that—tools. They work best when you pair them with solid risk management, the discipline to stick to your plan, and a commitment to keep learning. For traders interested in exploring other technical analysis approaches, our Pine Script Fibonacci Guide offers additional methods for identifying key market levels.
Your first step is the easiest. Just add one everget indicator to your chart today and watch it. See how it reacts. Your journey to more confident trading starts with that single click and grows from there, one chart at a time.