//@version=4
strategy("multi risk demo", overlay=true, pyramiding=10, calc_on_order_fills = true)
if year > 2014
strategy.entry("LE", strategy.long)
strategy.risk.max_intraday_filled_orders(5)
strategy.risk.max_intraday_filled_orders(2)
Overview
Multi Risk Demo attempts to enter long positions on every bar after the year 2014 up to a pyramiding limit of ten positions. The strategy applies intraday order management rules using strategy.risk.max_intraday_filled_orders to constrain the total number of executed orders per day. Drawn directly on the price chart, it lacks stop loss rules or exit logic.
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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