Strategy · Pine Script v6 · On the chart

Drawing UDT Alias Identity

by pineforge-4pass

This strategy stores a line inside a user-defined type and keeps an alias to the same drawing.

View on GitHub

GitHub stars1on the repository
Pine versionv6current
Lines of code24
Settings0inputs
LicenceApache-2.0
Last update7 days ago23 Oct 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

24 lines of Pine Script v6 from validation/drawing-udt-alias-identity/strategy.pine, published under Apache-2.0. Keep the author's credit and licence lines when you reuse it.

strategy.pine
//@version=6
strategy("drawing-udt-alias-identity", overlay=true, pyramiding=0, default_qty_type=strategy.fixed, default_qty_value=1)
type Store
    line[] lines
var Store s = Store.new(array.new<line>())
var line alias = na
target = ta.sma(close, 18)
if na(alias)
    l = line.new(bar_index, target, bar_index, target)
    array.push(s.lines, l)
    alias := l
float lvl = na
if array.size(s.lines) > 0
    e = array.get(s.lines, 0)
    line.set_y2(e, target)
    lvl := line.get_y2(alias)
ref = nz(lvl, close)
ready = not na(lvl)
eUp = ta.crossover(close, ref)
eDn = ta.crossunder(close, ref)
if ready and eUp
    strategy.entry("L", strategy.long)
if strategy.position_size > 0 and ready and eDn
    strategy.close("L")

Overview

Drawing UDT Alias Identity plots an 18-period simple moving average as a line on the price chart and reads that line's end price back through the alias. When the level is ready, it enters one fixed-size long position on a close crossover and closes that long on a close crossunder. There is no stop loss, take profit, or short entry, and pyramiding is disabled.

Details

Published by

pineforge-4pass on GitHub

Draws

On the price chart

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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