Strategy · Pine Script v5 · On the chart

Strategy Template

by AlnurM

This Pine Script v5 file is an overlay strategy skeleton rather than a finished trading system.

View on GitHub

GitHub stars3on the repository
Pine versionv5runs as is
Lines of code40
Settings0inputs
LicenceMIT
Last update7 months ago22 Mar 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

40 lines of Pine Script v5 from templates/pinescript-template.pine, published under MIT. Keep the author's credit and licence lines when you reuse it.

pinescript-template.pine
//@version=5
strategy("{{STRATEGY_NAME}}", overlay=true, initial_capital={{INITIAL_CAPITAL}}, default_qty_type=strategy.percent_of_equity, default_qty_value={{QTY_PERCENT}}, commission_type=strategy.commission.percent, commission_value={{COMMISSION_PCT}})

// === INPUTS ===
// Define strategy parameters as input() calls so users can adjust in TradingView UI.
// {{PARAMETER_INPUTS}}
// Example:
// fastLength = input.int(10, "Fast Period", minval=1)
// slowLength = input.int(50, "Slow Period", minval=1)

// === INDICATORS ===
// Calculate technical indicators used for entry/exit signals.
// {{INDICATOR_CALCULATIONS}}
// Example:
// fastMA = ta.ema(close, fastLength)
// slowMA = ta.ema(close, slowLength)

// === SIGNALS ===
// Define entry and exit conditions as boolean expressions.
// {{ENTRY_EXIT_CONDITIONS}}
// Example:
// longCondition = ta.crossover(fastMA, slowMA)
// shortCondition = ta.crossunder(fastMA, slowMA)

// === EXECUTION ===
// Use strategy.entry() and strategy.close() to place orders.
// strategy.exit() for stop losses and take profits.
// {{STRATEGY_ENTRY_EXIT_CALLS}}
// Example:
// if longCondition
//     strategy.entry("Long", strategy.long)
// if shortCondition
//     strategy.close("Long")

// === PLOTTING ===
// Plot indicators on the chart for visual confirmation.
// {{PLOT_INDICATORS}}
// Example:
// plot(fastMA, "Fast MA", color=color.blue)
// plot(slowMA, "Slow MA", color=color.red)

Overview

Strategy Template sets initial capital, percent-of-equity order size, and a percent commission, then leaves placeholders for inputs, indicator calculations, entry and exit conditions, order calls, and plots. Commented examples mention a fast and slow moving-average crossover that closes the opposite position, plus optional stop and take-profit exits, but none of those rules are implemented. It draws on the price chart and has no working signals or risk exits.

Details

Published by

AlnurM on GitHub

Type

Strategy, Pine Script v5

Draws

On the price chart

Markets

Any symbol

Timeframes

Any timeframe

Risk Notes

  • The strategy enters trades without a stop loss
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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