1Copy the scriptPress Copy script above, or the copy button on the code below.
2Open the Pine EditorOpen a TradingView chart and choose Pine Editor at the bottom of the screen.
3Paste over the templateCreate a new strategy, select all of the template text and paste. Press Save and give it a name.
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
21 lines of Pine Script v4 from Binary Options Strategy Template.pine, published under GPL-3.0. Keep the author's credit and licence lines when you reuse it.
Binary Options Strategy Template.pine
//@version=4
strategy("Binary Options Strategy Template", overlay=true)
// In this code we track the bar where a position was opened and close the position
// aftera specified number of bars. The objective of this script is testing long/short signals
// for knowing the amount of times it would turn a profit or not.
// User input for amount of bars till close
barsTillClose = input(5, minval=2, title="Amount of Bars Till Close Position")
// SIMPLE ENTRY LOGIC (insert long/short signal here)
sma = sma(close, 14)
strategy.entry("Long", strategy.long, when=close > sma)
strategy.entry("Short", strategy.long, when=close < sma)
// Track the Entry Bar
entryTime = float(na)
timeClose = bool(na)
entryTime := timeClose[1] ? na : strategy.position_size[0] > strategy.position_size[1] ? bar_index : entryTime[1]
// See if we need to close
timeClose := bar_index >= entryTime+(barsTillClose-2)
strategy.close("Long", when=timeClose)
strategy.close("Short", when=timeClose)
plot(sma)
Expand (28 lines)
Overview
Binary Options Strategy Template signals long entries when the close price is above the SMA and short entries when below. Positions close automatically after a user-set number of bars (default 5) rather than at a price target or stop loss. The barsTillClose input changes the hold duration. The script draws directly on the price chart. It lacks a stop loss and uses fixed bar counting for exits.
The inputs you can change from the gear icon on the chart. Defaults are the author's.
Setting
Type
Default
Variable
Amount of Bars Till Close Position
int
5
barsTillClose
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.
Doge SMA is a long-only moving-average crossover strategy drawn on the price chart. It calculates a fast and a slow simple moving average of close and enters a long position when the fast average crosses above the slow average, but only inside a user-defined s
This strategy calculates and plots a fast Exponential Moving Average (EMA) and a slow EMA directly on the main price chart. It enters long trades when the fast EMA crosses above the slow EMA and exits when the fast EMA crosses below the slow EMA. Inputs allow
2 EMA/SMA + RSI Strategy [Alorse] combines three configurable moving averages with a short-period Relative Strength Index filter. It plots fast, slow, and trend moving averages on the price chart. Long entries trigger when the fast moving average is above the
This strategy plots on the price chart and opens long or short positions when a weighted score from MACD, Stochastic RSI, RSI, Supertrend and a moving-average crossover exceeds a user-set trigger. Each component has its own weight and candle delay. Entries can
This strategy calculates dynamic support and resistance levels using pivot highs and lows alongside a custom smoothed trend filter and a 3-period EMA. It identifies entry opportunities when price breaks out relative to the trend filter and short-term EMA cross
This educational strategy demonstrates how to configure and handle user input parameters in Pine Script. It calculates two Simple Moving Averages (SMAs) for fast and slow periods, plotting both directly on the price chart. The strategy initiates a long positio