📊 How to Create Technical Analysis Indicators on TradingView?
In the world of technical analysis, a trader's tools are not complete without customizing indicators to fit their own strategy. The TradingView platform allows you to do this with its own programming language, Pine Script. Here are the basic steps to get started:
🔧 1. Open the Pine Script Editor
From within the chart, click on “Pine Editor” at the bottom of the screen. This is where you will write your indicator code.
💡 2. Write the Initial Indicator Code
A simple example to create a Simple Moving Average (SMA):
//@version=5
indicator("Simple MA", overlay=true)
length = input.int(14, title="Length")
src = input.source(close, title="Source")
plot(sma(src, length), color=color.blue, title="SMA")
✅ 3. Save and Activate the Indicator
Click “Save” then “Add to chart” to see the indicator directly on the chart.
📈 4. Customization and Development
You can modify colors, add buy/sell signals, combine multiple indicators, or even create a complete trading strategy using strategy() instead of indicator().
🧠 Tip for Beginners:
Start with simple indicators, and study how to write them step by step. Use the TradingView public library for inspiration and to improve your code.
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✍️ Are you writing your own indicators? Share your experiences or ask me about a specific indicator idea and I will help you build it.
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