Pine v6 Strategy Orders and Position Sizing

• strategy.entry(id, dir, qty, limit, stop) places market/limit/stop/stop‑limit based on params.
• strategy.exit(id, from_entry, stop, limit, trail_points, trail_offset) manages protective/target exits.
• strategy.order() for one‑shot custom orders; prefer strategy.entry/exit for readability.

//@version=6
strategy("Order Types", overlay=true)

// Market buy
if ta.crossover(ta.ema(close, 20), ta.ema(close, 50))
    strategy.entry("L", strategy.long)

// Limit buy example
limitPrice = close - 0.5 * ta.atr(14)
strategy.entry("Llim", strategy.long, limit=limitPrice)

// Stop buy example
stopPrice = close + 0.5 * ta.atr(14)
strategy.entry("Lstop", strategy.long, stop=stopPrice)

// Stop‑limit example
strategy.entry("Lstoplim", strategy.long, stop=stopPrice, limit=stopPrice + syminfo.mintick)

//@version=6
strategy("Stops & Targets", overlay=true)

atr = ta.atr(14)
if ta.crossover(ta.ema(close, 20), ta.ema(close, 50))
    strategy.entry("L", strategy.long)

strategy.exit("LX", from_entry="L", stop=close - 1.5 * atr, limit=close + 2.5 * atr)

Enable pyramiding in strategy() or Strategy Properties. Use distinct IDs for separate legs, and manage exits per leg, or use partial exits with strategy.exit().

//@version=6
strategy("Position Sizing", overlay=true, initial_capital=100000)

// Fixed qty
if ta.crossover(ta.sma(close, 20), ta.sma(close, 50))
    strategy.entry("Lfix", strategy.long, qty=1)

// Percent of equity sizing
perc = input.float(2.0, "Risk % of Equity", minval=0.1)
atr = ta.atr(14)
stopPts = 2.0 * atr
cashRisk = strategy.equity * (perc / 100.0)
qty = math.max(1, math.floor(cashRisk / stopPts / syminfo.pointvalue))
if ta.crossover(ta.rsi(close, 14), 50)
    strategy.entry("Leq", strategy.long, qty=qty)

//@version=6
strategy("Daily Loss Cap", overlay=true)

sess = input.session("0930-1600", "Session (local)")
inSess = time(timeframe.period, sess)
newSess = ta.change(inSess)

var float eqOpen = na
if newSess
    eqOpen := strategy.equity

lossPerc = (strategy.equity - nz(eqOpen)) / nz(eqOpen)
allowed = inSess and lossPerc > -0.03 // stop for the day at -3%

if allowed and ta.crossover(ta.ema(close, 20), ta.ema(close, 50))
    strategy.entry("L", strategy.long)