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Strategy · Pine Script v6 · On the chart
PF Probe 86 Dual Stop Low First
A test strategy from a reference corpus that places a long stop and a short stop at the same time, 0.2 percent above and below the close of the 02:45 bar.
GitHub stars1on the repository
Pine versionv6current
Lines of code26
Settings0inputs
LicenceApache-2.0
Last update6 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
26 lines of Pine Script v6 from validation/order-dual-stop-open-low-first-path-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
//
// PF probe 86 - dual stop open proximity, low first
//
// Purpose: collect natural bars where open is closer to low than high, so the
// expected TradingView path is O -> L -> H -> C. Short stop should win if path
// priority controls dual stop arbitration.
// 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 86 - dual stop low first", shorttitle="PF_P86_LOWPATH", 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)
nearLow = math.abs(open - low) < math.abs(high - open)
if hour == 2 and minute == 45 and strategy.position_size == 0 and nearLow
strategy.entry("LE", strategy.long, stop=close * 1.002, comment="long stop")
strategy.entry("SE", strategy.short, stop=close * 0.998, comment="short stop")
if strategy.position_size != 0 and hour == 6 and minute == 15
strategy.close_all(comment="flat")
Overview
PF Probe 86 Dual Stop Low First only does so on bars where the open is nearer to the low than to the high, so the price path is expected to touch the lower side first. All positions are closed at 06:15. One unit is traded, with no stop loss, commission or slippage. It exists to test how an engine resolves two competing stop orders.
- Paired long and short stop orders
- Filter for open nearer the low
- Fixed clock entry and exit times
- Fixed one unit size
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
Markets
Any symbol
Timeframes
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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