PineScript Technical Indicator Development: Custom Chart Indicators Using TradingView PineScript

TradingView platform is easy to use compared to other charting tools available as free on the internet. You do not need a special computer or software to create pinescript, it can be done on any computer with any specification as long as there is internet connectivity and a browser. After few months of initial practice on TradingView, I realized that this is more than a charting tool. Traders can set alerts, automate their charting using custom indicators and this allows traders to save a lot of time used in manual scanning and tracking of tons of scrip. TradingView is a powerful charting, alert tool with a facility to back-test trading strategies and highly customizable charts. I have no programming experience and had to struggle initially to learn this simple PineScript programming. I had to take help of some of my engineer friends and traders familiar with coding. During my journey to learn this simple yet powerful PineScript, I thought of sharing my learning experience with other traders for their benefit. This book is for non-programmers with no prior coding experience by a non-programmer. This book will surely enable you to make quick codes with simple instructions. ALL VERSION 5 UPDATES INCLUDED Table of Contents Lesson 1: The TradingView Platform Lesson 2 : Making your first indicator study, strategy, and overlay Lesson 3: Plotting multiple indicators: Saving Subscription Adding more moving averages to Price Chart Changing the color of the plot Do it yourself Lesson 4: Variables and Built-in Variables How data is stored in pinescript? Built-in Variables Coding using the Concepts learned so far Type of data Variables Lesson 5: Operators Why they are called operators? Relational Operators Logical Operators Coding using the concepts learned so far Lesson 6: Conditional Statements The “iff” statement The “if …. else…” condition Bar marking when open = high[1] Lesson 7: Drawing Shapes/text / Labels on chart The plotshape & plotchar function The label function Label function inside a conditional block A label can print variables Label as debugging tool Lesson 8: Loops - Repeating Task The “for” Loop The break Statement Lesson 9: Setting up Alert Setting Alert from TradingView Interface Setting Custom Alert Engulf Screener through PineScript Explanation to Screener Code Lesson 10: Functions Built inTechnical Indicators Average True Value Exponential Moving Average Parabolic SAR Correlation Chande Momentum Oscillator Center of Gravity Money Flow Index Stoch Bollinger Bands Williams %R Keltner Channels Directional Movement Index SuperTrend Other major built-in functions Pivot high and Pivot lows The crossover and crossunder function Barssince The valuewhen function User Defined Functions Example Marking Doji Pattern Library Chapter 11 : Coding Auction Failure