by 
This trend-following strategy executes a classic Donchian channel breakout system designed to cross-validate backtest results against external framework benchmarks. It triggers a long entry when the closing price breaks above the highest high of the prior entr
Strategy · Pine Script v6 · On the chart
Drawing Box Zone Reentry
This strategy detects gap-up price zones where the current low is higher than the high from two bars prior, creating visual box objects on the price chart.
GitHub stars1on the repository
Pine versionv6current
Lines of code20
Settings0inputs
LicenceApache-2.0
Last update7 days ago23 Oct 2026
Add It to Your TradingView Chart
- 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
20 lines of Pine Script v6 from validation/drawing-box-zone-reentry/strategy.pine, published under Apache-2.0. Keep the author's credit and licence lines when you reuse it.
//@version=6
strategy("drawing-box-zone-reentry", overlay=true, pyramiding=0, default_qty_type=strategy.fixed, default_qty_value=1)
var box[] zones = array.new<box>()
gapUp = low > high[2]
if gapUp
array.push(zones, box.new(bar_index - 2, low, bar_index, high[2], bgcolor=color.new(color.green, 80)))
n = array.size(zones)
if n > 0
z = array.get(zones, n - 1)
top = box.get_top(z)
bot = box.get_bottom(z)
if strategy.position_size == 0 and close <= top and close >= bot
strategy.entry("L", strategy.long)
if strategy.position_size > 0 and close > top
strategy.close("L")
array.get(zones, n - 1).delete()
array.pop(zones)
if array.size(zones) > 20
array.get(zones, 0).delete()
array.shift(zones)
Overview
When price re-enters the boundaries of the most recent gap zone while flat, the strategy opens a long position. The trade exits when the closing price rises above the top boundary of the zone, at which point the corresponding box drawing is removed. There are no built-in stop loss levels or configurable input settings.
- Gap-up zone detection
- Dynamic box drawing array
- Zone re-entry long entries
- Automated box deletion on position close
Details
Published by
pineforge-4pass on GitHub
Type
Draws
On the price chart
Category
Markets
Any symbol
Timeframes
Any timeframe
Risk Notes
- The strategy enters trades without a stop loss
Topics
algorithmic-tradingbacktestingparitypine-scriptpinescriptquantitative-financetest-corpustradingview
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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