Having access to open source code is a great way to learn from other programmers. TradingView has a plethora of data available at your fingertips, ready to access with as little as one line of code.Įasy to Learn – Pine script syntax is readable and simpler than other programming languages.Īlso, you don’t have to spend much time on error checking and handling as TradingView takes care of most of that for you.Įxtensive user base and library – TradingView users have the option to publish their indicators and strategies to the TradingView library. Not only does that mean you have to find a place to grab your data from, but you’ll also then have to format it in a certain way and this whole process can be time-consuming. Testing strategies or creating indicators in other languages involves sourcing your own data. Why should I use Pine script?īuilt-in Data – This is a big one.
Pine script code can be created within Pine editor which is a part of TradingView’s online charting platform. It is not based on any particular language, but if you’ve used Python, you’ll tend to pick it up quickly and notice similarities. Pine script was designed to be lightweight, and in most cases, you can achieve your objectives with fewer lines of code compared to other programming languages. Pine script is a programming language created by TradingView to backtest trading strategies and create custom indicators. How can I create a custom indicator with Pine script?.
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