Course Content
How To Create TA Indicators on TradingView
Without the right trading tools, you can’t conduct effective technical analysis. A strong trading strategy will help you avoid common mistakes, improve your risk management, and increase your ability to identify and take advantage of opportunities. For many, TradingView is the go-to charting platform. Offering a hub of technical analysis tools, the powerful HTML5 web application is used by millions to track movements in the Forex, cryptocurrency, and traditional stock markets. TradingView has many powerful features: it allows us to track assets across numerous trading platforms and to publish trading ideas within its social network. In this article, we’ll focus on its customizability. We’ll be using Pine Script, TradingView’s own programming language, which grants us granular control over our chart layouts. Let’s get started!
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What is Pine Script?
Setting up
The Pine Editor
Plotting moving averages (MA)
Plotting the Relative Strength Index (RSI) indicator
Backtesting
Tying it together
Closing thoughts
How To Create TA Indicators on TradingView
About Lesson
Pine Script is a scripting language that can be used to modify your TradingView charts. The platform already equips you with many features to do so, but Pine Script allows you to take it a step further. Whether you want to change the colors of your candlesticks or to backtest a new strategy, the Pine Editor will enable you to customize your real-time charts as you see fit.
The code itself is excellently documented, so be sure to check out the user manual for more information. Our goal in this tutorial is to discuss some of the basics and introduce indicators that can come in handy for cryptocurrency trading.
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