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Strategy · Pine Script v6 · Own pane
PF MTF probe 05 — 60m RSI(14)
The script is a Pine Script strategy that fetches the RSI(14) value from the 60-minute timeframe via request.security and signals long entries on crossovers above 50 while closing longs on crossunders below 50.
GitHub stars1on the repository
Pine versionv6current
Lines of code25
Settings0inputs
LicenceApache-2.0
Last update5 days ago23 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
25 lines of Pine Script v6 from validation/mtf-htf-60-rsi14-inside-security-01/strategy.pine, published under Apache-2.0. Keep the author's credit and licence lines when you reuse it.
// This Pine Script® code is licensed under Apache-2.0
// SPDX-License-Identifier: Apache-2.0
// © PineForge contributors 2026
//
// MTF probe 05 — RSI(14) on 60m series inside request.security
// Purpose: parity test for `ta.rsi(close, 14)` evaluated INSIDE
// `request.security(..., "60", ...)` with 50-line crossover entries on the
// HTF RSI series.
//
//@version=6
strategy("PF MTF probe 05 — 60m RSI(14)", shorttitle="MTF_p05", overlay=false,
initial_capital=1000000,
commission_type=strategy.commission.percent, commission_value=0, slippage=0,
default_qty_type=strategy.fixed, default_qty_value=1, pyramiding=1,
process_orders_on_close=false)
float htfRsi = request.security(syminfo.tickerid, "60", ta.rsi(close, 14), lookahead=barmerge.lookahead_off)
bool longCond = ta.crossover(htfRsi, 50)
bool shortCond = ta.crossunder(htfRsi, 50)
if longCond
strategy.entry("L", strategy.long, qty=1)
if shortCond and strategy.position_size > 0
strategy.close("L")
Overview
PF MTF probe 05 — 60m RSI(14) maintains a single fixed position of 1 unit with no stop loss and plots buy and sell signals in a separate pane. The main setting enables pyramiding of up to one position at a time. Signals appear on the chart panel dedicated to the 60m RSI series.
- MTF RSI(14) probe
- request.security call
- crossover signals
- separate pane overlay
- fixed position sizing
Details
Published by
pineforge-4pass on GitHub
Code credit
PineForge contributors 2026, as written in the script's header
Type
Strategy, Pine Script v6
Draws
Separate pane below the chart
Category
Oscillators & momentum
Markets
Any symbol
Timeframes
H4 and above, M15-H1
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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