Strategy · Pine Script v6 · On the chart

PF probe 92 - flip stop no paired close

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

This validation strategy tests position reversal mechanics via stop orders without explicit closing calls.

View on GitHub

GitHub stars1on the repository
Pine versionv6current
Lines of code37
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

37 lines of Pine Script v6 from validation/order-flip-stop-no-paired-close-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 92 — flip via stop entry, NO paired strategy.close
//
// Purpose: probe 72 reproduces TV's |old|+qty growth quirk. Probe 72 places
// ``strategy.entry("S", short, stop=...)`` AND ``strategy.close("L")`` on the
// same bar. This probe removes the paired ``strategy.close`` so only the
// stop entry remains. If qty in TV's export is still 2 for the post-flip
// short round trip, the paired close is NOT the trigger -- the stop-entry
// flip alone causes growth. If qty stays 1, the paired
// (entry-stop + market-close-same-bar) is the discriminator.
//
// Trade shape: open long at 0:15 (market, fresh from flat). Place short
// stop at 0:45 — the stop level is just below the bar low so it almost
// always fires next bar. NO strategy.close call. Cleanup short at 12:00.
//
// TV setup: 15m chart, ETH-USDT-USDT, same window as
// data/ohlcv_ETH-USDT-USDT_15m.csv. Properties dialog: Pyramiding=1,
// Order size = 1 contract. Export the trade list to trades.csv in this
// folder.
//@version=6
strategy("PF probe 92 - flip stop no paired close", shorttitle="PF_P92_NOCLOSE", 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)

if hour == 0 and minute == 15 and strategy.position_size == 0
    strategy.entry("L", strategy.long, qty=1, comment="open long")

if hour == 0 and minute == 45 and strategy.position_size > 0
    strategy.entry("S", strategy.short, qty=1, stop=low - syminfo.mintick, comment="flip via stop")

if hour == 12 and minute == 0 and strategy.position_size != 0
    strategy.close_all(comment="cleanup")

Overview

PF probe 92 - flip stop no paired close executes a long market entry at 00:15 when flat, then submits a short stop entry just below the bar low at 00:45 to trigger an automated position flip. All open positions are closed at 12:00 via a cleanup order. It overlays directly on the price chart, uses fixed single-contract order sizing, and contains no protective stop loss or take profit orders.

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

Crypto

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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