2 EMA/SMA + RSI Strategy [Alorse] combines three configurable moving averages with a short-period Relative Strength Index filter. It plots fast, slow, and trend moving averages on the price chart. Long entries trigger when the fast moving average is above the
Strategy · Pine Script v6 · On the chart
PF Process Orders 02 On Close True
A test strategy from a reference corpus that fills orders at the close of the signal bar.
GitHub stars1on the repository
Pine versionv6current
Lines of code36
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
36 lines of Pine Script v6 from validation/order-process-on-close-true-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
//
// Process-orders probe 02 — process_orders_on_close=true (corpus default)
//
// Purpose: companion to probe 01 with identical signal logic but
// process_orders_on_close=true. Market entry submitted on the
// signal bar fills at the SAME bar's close. Cross-compare to
// probe-01 reveals next-bar-open shift between TV-default and
// current corpus default.
//
// Trade shape: identical to probe 01 — long-only EMA crossover
// gated by RSI<70, exit on EMA cross-under. ≥10 cycles over 36k
// bars.
//
// TV setup: 15m chart, ETH-USDT-USDT, same window as
// data/ohlcv_ETH-USDT-USDT_15m.csv. TradingView strategy report for this window.
//@version=6
strategy("PF process-orders 02 - on_close=true", shorttitle="POC_p02_TRUE", 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=true)
rsiVal = ta.rsi(close, 14)
emaFast = ta.ema(close, 9)
emaSlow = ta.ema(close, 21)
bool entryCond = ta.crossover(emaFast, emaSlow) and rsiVal < 70
bool exitCond = ta.crossunder(emaFast, emaSlow)
if entryCond and strategy.position_size == 0
strategy.entry("L", strategy.long, qty=1, comment="entry")
if exitCond and strategy.position_size > 0
strategy.close("L", comment="exit")
Overview
PF Process Orders 02 On Close True goes long when a 9-period EMA crosses above a 21-period EMA while RSI is below 70, and closes the long when the EMAs cross back down. One unit is traded, with no stop loss or take profit, and commission and slippage are zero. It is the order-processing-on-close companion of a similar probe and exists for engine comparison.
- EMA 9/21 crossover entry
- RSI below 70 filter
- Orders processed at bar close
- Exit on opposite EMA cross
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
Moving averages, Oscillators & momentum
Markets
Any symbol
Timeframes
Any timeframe
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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