747 posts tagged with "Pine Script"

Why TradingView Costs Are Getting Out of Hand (And What You Can Do About It)​

I'll be straight with you - TradingView is an incredible platform. After using it for three years, I can honestly say it's revolutionized how I analyze markets. But here's the thing that bugs me: their pricing has gotten pretty steep, especially if you're just starting out or trading with a smaller account.

The Essential plan runs $14.95/month, Pro is $29.95, and Premium hits $59.95. That's $180 to $720 per year just for chart analysis. When you're trying to grow a trading account, every dollar matters.

Ever found yourself staring at a 1-minute chart wondering what the daily trend looks like? Or maybe you're trading SPY but want to keep an eye on what the VIX is doing at the same time? That's exactly where Pine Script's request.security() function becomes your best friend.

I've been using this function for years, and honestly, once you understand how it works, it opens up a whole new world of trading possibilities. Let me walk you through everything you need to know about pulling data from different symbols and timeframes.

Ever stared at your TradingView chart and wondered why your Pine Script indicator shows Bitcoin at $43,567.8934567 instead of a clean $43,567.89? Yeah, me too. Those messy decimals aren't just ugly – they can mess with your trading logic and make your indicators look unprofessional.

After years of building indicators and helping traders clean up their code, I've learned that proper rounding isn't just about making numbers look pretty. It's about accuracy, performance, and creating indicators that actually work in the real world.

So you've built this amazing Pine Script indicator on TradingView that's been crushing it for your trading strategy. But now you're hitting that wall where you want to use it outside of TradingView - maybe for backtesting with your own data, connecting to different brokers, or just having more control over your trading setup.

I've been there. The good news? Converting Pine Script to Python isn't the nightmare most people make it out to be. Sure, there's no magic "convert" button, but with the right approach, you can get your trading logic working in Python and open up a whole new world of possibilities.

Ever wondered how some traders seem to have those perfectly timed buy and sell signals that others don't? Or how they manage to automate their entire trading strategy while sleeping peacefully at night? Behind most of these trading success stories, there's usually a skilled Pine Script programmer making the magic happen.

These programmers are the unsung heroes of modern trading. They're the ones who take your wild trading ideas and transform them into actual, working code that can analyze markets 24/7. And honestly, what they do is way more complex than most people realize.

Working with previous candle data is fundamental to Pine Script development. Whether you're building momentum indicators, breakout strategies, or pattern recognition systems, understanding how to access historical price information is essential for creating effective trading tools.

Ever stared at your TradingView charts wondering how to make those crucial trading signals pop out? That's exactly where Pine Script's plotshape() function comes to the rescue. Think of it as your chart's personal highlighter – but way cooler.

I've been messing around with this function for months now, and honestly, it's one of those game-changers that makes your indicators actually useful instead of just pretty lines that cross each other. Instead of squinting at your screen trying to figure out when your strategy triggered a signal, you get clear, unmistakable markers that basically yell "Hey, something important happened here!"

Ever stared at your TradingView charts thinking "I really need to mark that exact moment when the market went crazy"? Yeah, me too. Vertical lines in Pine Script are like digital highlighters for your charts - they help you bookmark those "holy cow, look what happened here" moments.

Whether you're marking earnings announcements, Federal Reserve decisions, or that random Tuesday when Bitcoin decided to do its thing, vertical lines are your best friend for visual storytelling on charts.

So you want to add text to your TradingView charts? I get it - sometimes you need to show more than just lines and shapes. Maybe you want to label important price levels, show when your strategy triggers, or just add some notes to your chart. Let me walk you through how to do this in Pine Script.

Want to make your TradingView charts way more readable by adding text labels to your lines? You're in the right place. Sometimes a simple line isn't enough - you need to actually label what's happening so you (and anyone else looking at your chart) can understand what those lines represent.