Strategy · Pine Script v6 · On the chart

PF probe 53 - stop touch boundary

by pineforge-4pass· code credited to PineForge contributors 2026

PF probe 53 - stop touch boundary is a strategy that draws on the price chart.

View on GitHub

GitHub stars1on the repository
Pine versionv6current
Lines of code38
Settings0inputs
LicenceApache-2.0
Last update5 days ago23 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

38 lines of Pine Script v6 from validation/order-stop-entry-touch-boundary-01/strategy.pine, published under Apache-2.0. Keep the author's credit and licence lines when you reuse it.

strategy.pine
// This Pine Script® code is licensed under Apache-2.0
// SPDX-License-Identifier: Apache-2.0
// © PineForge contributors 2026
//
// PF probe 53 - stop entry touch boundary
//
// Purpose: isolate whether stop entries are considered filled when the stop
// price is exactly at or one tick beyond recent high/low boundaries.
// TV setup: 15m chart, same symbol/window as data/ohlcv_ETH-USDT-USDT_15m.csv.
// Export TradingView "List of trades" to trades.csv in this folder.
//@version=6
strategy("PF probe 53 - stop touch boundary", shorttitle="PF_P53_TOUCH", overlay=true,
     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)

tick = syminfo.mintick
longStop = high[1] + tick
shortStop = low[1] - tick

// Alternate long/short stop probes by UTC hour without using bar_index.
longWindow = hour == 2 and minute == 15
shortWindow = hour == 14 and minute == 15

if longWindow and strategy.position_size == 0
    strategy.entry("LE", strategy.long, stop=longStop, comment="one tick over high")
    strategy.cancel("SE")

if shortWindow and strategy.position_size == 0
    strategy.entry("SE", strategy.short, stop=shortStop, comment="one tick under low")
    strategy.cancel("LE")

if strategy.position_size > 0 and hour == 6 and minute == 15
    strategy.close("LE", comment="long timeout")

if strategy.position_size < 0 and hour == 18 and minute == 15
    strategy.close("SE", comment="short timeout")

Overview

PF probe 53 - stop touch boundary checks for specific UTC hours (2:15 for long, 14:15 for short) and enters a long position when no position exists by placing a stop order one tick beyond the previous bar's high. It cancels any opposite pending short entry. Similarly for shorts using the previous bar's low minus one tick. At 6:15 UTC it closes longs and at 18:15 UTC it closes shorts. The strategy uses fixed position sizing of one unit with pyramiding allowed up to one additional position in the same direction. Main settings control entry timing windows and stop distances but fix quantity at one share equivalent.

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

On the price chart

Category

Sessions & time, Support & resistance

Markets

Crypto

Timeframes

M15-H1

Risk Notes

  • The strategy can add several entries in the same direction
  • 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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