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Strategy · Pine Script v6 · On the chart
PF TV Golden 42 Close Immediate
A test strategy from a reference corpus that compares a normal market close with an immediate close.
GitHub stars1on the repository
Pine versionv6current
Lines of code27
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
27 lines of Pine Script v6 from validation/order-close-immediate-vs-next-bar-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 TV golden 42 - close immediately vs next-bar market close
//
// Purpose: compare strategy.close(..., immediately=true) with ordinary strategy.close().
// 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 TV golden 42 - close immediate", shorttitle="PF_G42_CLOSE", 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 == 2 and minute == 15 and strategy.position_size == 0
strategy.entry("NEXT", strategy.long, qty=1, comment="normal close case")
if hour == 3 and minute == 15 and strategy.position_size > 0
strategy.close("NEXT", comment="normal close")
if hour == 10 and minute == 15 and strategy.position_size == 0
strategy.entry("IMM", strategy.long, qty=1, comment="immediate close case")
if hour == 11 and minute == 15 and strategy.position_size > 0
strategy.close("IMM", comment="immediate close", immediately=true)
Overview
PF TV Golden 42 Close Immediate buys one unit at 02:15 and closes at 03:15 in the normal way, then buys again at 10:15 and closes at 11:15 with the immediate option. Entries depend only on the clock, with no indicators, stop loss or take profit. Commission and slippage are zero. It exists to check engine order timing, not as a trading approach.
- Time-based entries and exits
- Normal versus immediate close comparison
- No indicators or stop loss
- 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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