Forven S01512 — Monday Drift is a calendar-based long trading strategy designed to exploit time-based recurring market patterns. It tracks UTC calendar days and hours to enter a long position at a specified day and hour, holding it for a fixed duration until a
Strategy · Pine Script v6 · On the chart
Swing Strategy
This strategy executes trades based on specific days of the week.
GitHub stars11on the repository
Pine versionv6current
Lines of code19
Settings3inputs
LicenceApache-2.0
Last update5 months ago23 May 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
19 lines of Pine Script v6 from Simple Swing Strategy/Ultra simple strategy.pine, published under Apache-2.0. Keep the author's credit and licence lines when you reuse it.
// This Pine Script® code is subject to the terms of the Mozilla Public License 2.0 at https://mozilla.org/MPL/2.0/
// © JJPP_Joel
//@version=6
strategy("Swing strategy", overlay=true, fill_orders_on_standard_ohlc = true, initial_capital = 10000)
var float lot_size = input.float(5,"lot",step=0.1,minval=0.1)
var int day1= input.int(3,"day1",minval=1, maxval=8)
var int day2= input.int(4,"day2",minval=1, maxval=8)
var string id = "long"
longCondition = dayofweek == day1
close_condition = dayofweek != day2
if (longCondition)
strategy.entry(id, strategy.long,lot_size,comment = "Inicio del dia jueves")
if (close_condition)
strategy.close(id, comment = "fin del dia lunes")
Overview
Swing Strategy opens a long position when the current day matches the primary day input and closes the position whenever the chart moves to a day other than the secondary day input. Settings allow traders to adjust the lot size and set custom day-of-week values for triggering trades. It plots entries and exits directly on the price chart. The strategy has no stop loss or take profit targets.
- Day-of-week entry condition
- Time-based exit logic
- Configurable position lot size
- Customizable entry and holding days
Details
Published by
JoelPasapera on GitHub
Code credit
JJPP_Joel, as written in the script's header
Type
Strategy, Pine Script v6
Draws
On the price chart
Category
Sessions & time
Markets
Forex, Gold, Stocks
Timeframes
M15-H1, H4 and above
Risk Notes
- The strategy enters trades without a stop loss
Repository
Topics
botpinescriptstrategytradingtradingview
Settings
The inputs you can change from the gear icon on the chart. Defaults are the author's.
| Setting | Type | Default | Variable |
|---|---|---|---|
| lot | float | 5 | lot_size |
| day1 | int | 3 | day1 |
| day2 | int | 4 | day2 |
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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