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
78 lines of Pine Script v5 from template - strategy.pine, published under MPL-2.0. Keep the author's credit and licence lines when you reuse it.
template - strategy.pine
//@version=5
//
// Author: benso87
// benso87.com
//
//
strategy("TEMPLATE", overlay=true, initial_capital=100, default_qty_value=100, default_qty_type=strategy.percent_of_equity, process_orders_on_close=true, backtest_fill_limits_assumption=1, pyramiding=0, max_bars_back=500)
noColor = color.new(color.white, transp=100)
////////////////////////////////////////////////////////////
// Inputs
//Dates
startDate = input.time (timestamp('1 Jan 2022 00:00'), title='Start', group='Dates')
endDate = input.time (timestamp('1 Jan 2100 00:00'), title='End', group='Dates')
////////////////////////////////////////////////////////////
// Calculations
// Entries
longEntry =
shortEntry =
// Trade variables
var float entryPrice = na
var float slLong = na
var float slShort = na
var float tpLong = na
var float tpShort = na
var string tradeType = na
if longEntry and strategy.position_size == 0
entryPrice := close
slLong :=
tpLong :=
tradeType := 'long'
if shortEntry and strategy.position_size == 0
entryPrice := close
slShort :=
tpShort :=
tradeType := 'short'
stopLoss = tradeType == 'long' ? slLong : tradeType == 'short' ? slShort : na
takeProfit = tradeType == 'long' ? tpLong : tradeType == 'short' ? tpShort : na
//////////////////////////////////////////////////////////////
// Strategy
// Entries
strategy.entry('Long', strategy.long, when=longEntry)
strategy.entry('Short', strategy.short, when=shortEntry)
// Exits
strategy.exit('Long Exit', from_entry='Long', stop=slLong, limit=tpLong)
strategy.exit('Short Exit', from_entry='Short', stop=slShort, limit=tpShort)
////////////////////////////////////////////////////////////
// Plots
// Trades
sl = plot(strategy.position_size != 0 or strategy.position_size[1] != 0 ? stopLoss : na, title='Stop Loss', color=color.red, style=plot.style_linebr)
e = plot(strategy.position_size != 0 or strategy.position_size[1] != 0 ? entryPrice : na, title='Entry', color=color.yellow, style=plot.style_linebr)
tp = plot(strategy.position_size != 0 or strategy.position_size[1] != 0 ? takeProfit : na, title='Take Profit', color=color.green, style=plot.style_linebr)
fill(sl, e, color=color.new(color.red, transp=80))
fill(tp, e, color=color.new(color.green, transp=80))
//////////////////////////////////////////////////////////////
// Testing
Overview
Template overlays on the main price chart and establishes the scaffolding for long and short positions, including bracketed exit orders. Configurable date inputs allow users to filter backtesting across specific start and end ranges. When positions are active, the script plots lines and shaded background fills for entry price, stop loss, and take profit. Because this is an incomplete template, the entry conditions, stop loss values, and profit targets are left unassigned and require manual definition.
Strategy scaffolding for long and short trades
Configurable date range filter for backtesting
Visual overlays for entry, stop loss, and take profit levels
The inputs you can change from the gear icon on the chart. Defaults are the author's.
Setting
Type
Default
Variable
Start
time
timestamp('1 Jan 2022 00:00')
startDate
End
time
timestamp('1 Jan 2100 00:00')
endDate
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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