In Pine Script, conditional statements are used to control the flow of execution based on certain conditions. The most common type of conditional statement is the if
statement, which allows you to execute a block of code only if a specific condition is true.
Here is an example of how to use an if
statement in Pine Script:
In this example, the if
statement checks if the value of myVariable
is greater than 3. If the condition is true, the code block inside the curly braces {}
will be executed, which in this case is plotting a Simple Moving Average (SMA) of the close price with a period of 10.
You can also use other comparison operators like <
, <=
, >=
, ==
, !=
etc. to compare values.
You can also use else if
and else
statement to check multiple conditions and execute different code block based on the true condition.
In this example, the code block inside the first if
statement will be executed if myVariable
is greater than 10, the code block inside the second else if
statement will be executed if myVariable
is greater than 5 but less than or equal to 10, and the code block inside the else
statement will be executed if myVariable
is less than or equal to 5.
It's important to use proper indentation and whitespace when using conditional statements to make the code more readable and maintainable.
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