747 posts tagged with "Pine Script"

You know what's funny? I spent my first two years of trading chasing fancy indicators with names I couldn't even pronounce. Then I discovered the Dual Moving Average indicator, and honestly? It changed everything. This simple tool became the backbone of my trading strategy, and I wish someone had told me about it sooner.

The Dual Moving Average indicator is hands down one of the most reliable technical analysis tools you'll ever use. It's not flashy, it's not complicated, but it works. This indicator helps you spot trend direction and find those sweet entry and exit points by comparing two moving averages with different periods. Whether you're just starting out or you've been trading for years, mastering dual moving averages will seriously level up your game.

The Volume ROC (Rate of Change) indicator is like a speedometer for trading volume. It shows how fast volume is increasing or decreasing compared to past periods. This helps you see when volume is really picking up or slowing down, which often happens before big price moves.

Here's how it works in simple terms: it compares today's trading volume to volume from a certain number of days ago (like 12 days by default) and shows the percentage change. When the line is above zero, volume is higher than that past period. Below zero means volume is lower.

So here's something that's been bugging me for years: I'd have these trading ideas - you know, like "what if I combined RSI with moving averages in this specific way?" - but then I'd hit the Pine Script wall. Learning to code just to test a trading idea felt like learning French just to order a croissant.

Turns out, AI is finally solving this problem, and it's actually pretty amazing.

Ever stared at a TradingView chart thinking "I wish I could create my own indicator?" Well, you're not alone. Pine Script v6 is TradingView's scripting language that lets you build custom indicators and trading strategies, but honestly, it can feel pretty intimidating when you're just getting started.

Look, I'm not gonna lie to you. When I first heard about Pine Script, I thought it was just another way for people to overcomplicate trading. I mean, why write code when you can just... look at charts and make decisions, right?

Well, turns out I was wrong. Dead wrong.

After three years of building trading strategies and actually making consistent profits, I've learned that Pine Script isn't just some fancy programming language for show-offs. It's the difference between guessing and having a system that works while you sleep.

Ever stared at your Pine Script code thinking "Why can't I just run this thing on my own computer?" Trust me, you're not alone. I've been down this rabbit hole more times than I care to admit, and honestly, the answer isn't what most people want to hear.

The short version? Pine Script is locked to TradingView tighter than Fort Knox. But before you throw your laptop out the window, let me walk you through everything I've learned about running Pine Script locally - including some workarounds that might actually help.

Ever had that moment when your trading indicator flashes a signal, you jump in, and the market immediately slaps you in the face? Trust me, we've all been there. Single indicators are like having just one opinion - sometimes they're right, but they miss a lot of important context.

That's where multiple conditions in Pine Script become a game-changer. Instead of betting your account on one lonely RSI crossover, you can stack several conditions together to filter out the bad trades and focus on setups that actually have some teeth.

You know that feeling when you have a brilliant trading idea but can't turn it into actual code? Yeah, I've been there countless times. After years of using TradingView and struggling with Pine Script development, I discovered something that completely changed how I approach custom indicator creation.

Look, I've been trading for years now, and honestly? I'm exhausted by all the "revolutionary" strategies that sound amazing in theory but completely fall apart when you put real money on the line. You know what I'm talking about - those flashy systems that promise 80% win rates and make your account look like a hockey stick going up.

Here's the thing though: some strategies are actually working in 2025. Not the overhyped garbage you see in YouTube ads, but solid, battle-tested approaches that real traders are using to consistently pull money out of the markets.

I've spent the last six months testing these strategies with my own money (yeah, real skin in the game), and I want to share what I've discovered. This isn't some theoretical nonsense - these are strategies I'm actually using, complete with the ugly truth about their drawdowns and the realistic expectations you should have.

You know what's funny? I used to think chart colors were just for looks. Boy, was I wrong. After spending countless hours staring at TradingView charts and wondering why my eyes felt like they were on fire, I discovered something that completely changed my trading game: the right colors can literally make or break your trading performance.