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
Strategy · Pine Script v4 · On the chart
exit Demo
This strategy demonstrates TradingView exit and entry calls on the price chart.
GitHub stars65on the repository
Pine versionv4older, still runs
Lines of code10
Settings0inputs
LicenceGPL-3.0
Last update4 days ago24 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
10 lines of Pine Script v4 from examples/v4/tradingview-docs/v4-essential-strategies-09.pine, published under GPL-3.0. Keep the author's credit and licence lines when you reuse it.
//@version=4
strategy("exit Demo", pyramiding=2, overlay=true)
strategy.entry("Buy1", strategy.long, 5, when = strategy.position_size == 0)
strategy.entry("Buy2", strategy.long,
10, stop = strategy.position_avg_price +
strategy.position_avg_price*0.1,
when = strategy.position_size == 5)
strategy.close("Buy2",when=strategy.position_size == 15)
strategy.exit("bracket", "Buy1", loss=10, profit=10, when=strategy.position_size == 15)
plot(strategy.position_avg_price)
Overview
exit Demo opens a first long position of five units when flat, then adds a second long of ten units with a stop order ten percent above the average price once size reaches five. When size reaches fifteen it closes the second entry and places a bracket exit on the first entry with a ten-tick loss and a ten-tick profit. Pyramiding allows two entries. It plots the position average price and has no user inputs.
- Two long entries with pyramiding of two
- Stop order ten percent above average price
- Bracket exit with ten-tick loss and profit
- Closes the second entry at size fifteen
- Plots position average price on the chart
Details
Published by
be-thomas on GitHub
Type
Strategy, Pine Script v4
Draws
On the price chart
Markets
Any symbol
Timeframes
Any timeframe
Risk Notes
- The strategy can add several entries in the same direction
Topics
algorithmic-tradingbacktestingcompilerfintechjavascriptpinescripttechnical-analysistradingview
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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