Strategy · Pine Script v6 · On the chart

Backtest Example

by propuchon· code credited to username

A course example strategy that buys when a fast EMA crosses above a slow EMA and then manages the trade with a percentage stop loss and take profit measured from the average entry price.

View on GitHub

GitHub stars1on the repository
Pine versionv6current
Lines of code47
Settings4inputs
LicenceNone statedfile: MPL-2.0
Last update9 months ago1 Feb 2026

Add It to Your TradingView Chart

  1. 1Copy the scriptPress Copy script above, or the copy button on the code below.
  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 strategy, select all of the template text and paste. Press Save and give it a name.
  4. 4Add it to the chartPress Add to chart. The trades and results appear in the Strategy Tester tab; adjust the settings with the gear icon.

Source Code

47 lines of Pine Script v6 from week 5/backtest-example.pine, published under MPL-2.0 (file header). Keep the author's credit and licence lines when you reuse it.

backtest-example.pine
// This source code is subject to the terms of the Mozilla Public License 2.0
// © username
// [CUCEDT-W52] Backtest Example

//@version=6
strategy("[CUCEDT-W52] Backtest Example", overlay = true, initial_capital = 100000, default_qty_type = strategy.percent_of_equity, default_qty_value = 10)

// ————— Constants
// ใช้ SNAKE_CASE สำหรับค่าคงที่ที่ไม่เปลี่ยนแปลง
int   MS_IN_HOUR = 60 * 60 * 1000
color BULL_COLOR = color.new(color.green, 50)
color BEAR_COLOR = color.new(color.red, 50)

// ————— Inputs
// ลงท้ายด้วย "Input" และจัดกลุ่ม (group) ให้เป็นระเบียบ
string groupIndi    = "Indicator Settings"
int    maFastInput  = input.int(12, "Fast MA Length", minval = 1, group = groupIndi)
int    maSlowInput  = input.int(26, "Slow MA Length", minval = 1, group = groupIndi)

string groupRisk    = "Money Management"
float  stopLossPct  = input.float(2.0, "Stop Loss (%)", minval = 0.1, step = 0.1, group = groupRisk)
float  takeProfitPct = input.float(4.0, "Take Profit (%)", minval = 0.1, step = 0.1, group = groupRisk)

// ————— Calculations
// การคำนวณตัวชี้วัด (Indicator Logic)
float maFast = ta.ema(close, maFastInput)
float maSlow = ta.ema(close, maSlowInput)

// สัญญาณซื้อขาย (Trigger Points)
bool longCondition  = ta.crossover(maFast, maSlow)
bool shortCondition = ta.crossunder(maFast, maSlow)

// ————— Strategy Calls
// การจัดการ Money Management และการคำนวณ Exit Price
float slPrice = strategy.position_avg_price * (1 - stopLossPct / 100)
float tpPrice = strategy.position_avg_price * (1 + takeProfitPct / 100)

if longCondition
    strategy.entry("Long", strategy.long, comment = "EMA Cross")

if strategy.position_size > 0
    strategy.exit("Exit Long", "Long", stop = slPrice, limit = tpPrice, comment = "TP/SL")

// ————— Visuals
plot(maFast, "Fast EMA", color = color.aqua)
plot(maSlow, "Slow EMA", color = color.orange)
plotshape(longCondition, "Buy Signal", shape.triangleup, location.belowbar, color.green, size = size.small)

Overview

Only long trades are opened; the short condition is calculated but not used. Fast and slow lengths and both percentages are adjustable. Both averages and a buy triangle are drawn on the price chart. Size is ten percent of equity.

Details

Published by

propuchon on GitHub

Code credit

username, as written in the script's header

Type

Strategy, Pine Script v6

Draws

On the price chart

Category

Moving averages, Trend

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.

SettingTypeDefaultVariable
Fast MA Lengthint12maFastInput
Slow MA Lengthint26maSlowInput
Stop Loss (%)float2.0stopLossPct
Take Profit (%)float4.0takeProfitPct
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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