This script monitors opening gap conditions and breakout behavior relative to the first candle's range across up to twenty configurable stock tickers. It detects whether following bars remain inside the opening range before breaking out, displaying the status
Strategy · Pine Script v4 · On the chart
Monthly Returns in PineScript Strategies
This script executes a pivot reversal strategy while displaying a comprehensive monthly and yearly returns table on the chart.
Repaints
GitHub stars2on the repository
Pine versionv4older, still runs
Lines of code115
Settings3inputs
LicenceNone stated
Last update8 months ago25 Feb 2026
Add It to Your TradingView Chart
- 1Copy the scriptPress Copy script above. It reads the file straight from GitHub.
- 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
The code stays on GitHub. The author has not published this script under an open licence, so ForexR does not show its code. Copy script reads the file straight from GitHub into your clipboard, so you can still try it on your own chart. Ask the author before reusing the code anywhere else.
Overview
Monthly Returns in PineScript Strategies calculates pivot high and low levels using user-defined left and right bar parameters, placing stop orders to enter long or short when price breaks these levels. The script tracks equity changes across bars to render a performance matrix at the bottom right. It overlay plots pivot levels on the main chart. Note that default execution has no stop loss and uses pivot lookback logic.
- Pivot point reversal strategy entries
- On-chart monthly and yearly returns table
- Dynamic plot lines for high and low pivot levels
- Customizable return precision and pivot bar lookbacks
Details
Published by
regalouisei on GitHub
Type
Strategy, Pine Script v4
Draws
On the price chart
Category
Screeners & dashboards, Support & resistance
Markets
Any symbol
Timeframes
Any timeframe
Risk Notes
- Signals can change on the live bar or after it closes (repainting)
- The strategy enters trades without a stop loss
Settings
The inputs you can change from the gear icon on the chart. Defaults are the author's.
| Setting | Type | Default | Variable |
|---|---|---|---|
| leftBars | int | 2 | leftBars |
| rightBars | int | 1 | rightBars |
| Return Precision | int | 2 | prec |
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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