Strategy · Pine Script v4 · On the chart

My Strategy

by be-thomas

This strategy plots on the price chart and compares a 14-period simple moving average of close with a 28-period simple moving average.

View on GitHub

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

  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

10 lines of Pine Script v4 from examples/v4/tradingview-docs/v4-language-structure-of-the-script-01.pine, published under GPL-3.0. Keep the author's credit and licence lines when you reuse it.

v4-language-structure-of-the-script-01.pine
//@version=4
strategy("My Strategy", overlay=true)

longCondition = crossover(sma(close, 14), sma(close, 28))
if (longCondition)
    strategy.entry("My Long Entry Id", strategy.long)

shortCondition = crossunder(sma(close, 14), sma(close, 28))
if (shortCondition)
    strategy.entry("My Short Entry Id", strategy.short)

Overview

My Strategy opens a long when the faster average crosses above the slower average and opens a short when the faster average crosses below the slower average. Both entries use fixed identifiers and the script defines no inputs. There is no stop loss, take profit, or position-sizing rule, and opposite signals reverse the position rather than stacking entries.

Details

Published by

be-thomas on GitHub

Type

Strategy, Pine Script v4

Draws

On the price chart

Category

Trend, Moving averages

Markets

Any symbol

Timeframes

Any timeframe

Risk Notes

  • The strategy enters trades without a stop loss

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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