Pine Script is a programming language used to create indicators and trading strategies for the trading platform TradingView. It is a proprietary language developed and used by TradingView, and is based on the programming language Pine. Pine Script allows users to create custom indicators and automated trading strategies, which can then be backtested and shared on the TradingView platform. The language is designed to be easy to learn, with a simple syntax and built-in functions for common trading operations.
Here are some basic syntax for Pine Script with examples:
var
followed by the variable name and the value you want to assign to it.function
followed by the function name and a set of parentheses.if
statement to check a condition and execute a block of code if the condition is true.for
loop to iterate over a range of values.plot
function. The first argument is the value you want to plot, and the second argument is the color of the line.Start building strategy using Ai-Strategy Builder by InvoStock.com.
Credit: Image by Freepik
Get full access to all training courses.