The pivot reversal strategy is a popular trading strategy for crypto. It is based on the principle of buying or selling when the price of an asset hits a certain level, signaling a possible reversal in its trend. This strategy can be used to capitalize on short-term price movements in crypto markets. So I decided Implementing Pivot Reversal Strategy in Python with vectorbt Read More →
Pine Script has many versions, and they are not very compatible with each other, making it difficult to switch from one version to another. You might experience quite a lot of issues when you try to copy part of the code from a script in another version or merge different version scripts. My universal advice Automatically upgrade Pine Script indicators from version 3 and v4 to v5 Read More →
People are incredibly excited about the increasing popularity of ChatGPT. It has become a phenomenon and is being talked about everywhere. People are eager to experience the potential of this innovative technology for themselves. ChatGPT is also capable of coding, allowing users to create their scripts and programs using different programming languages. I wanted to Generating Pine Script in ChatGPT Read More →
You might see the following error in Pine Script quite often, especially if you’re trying to merge a few scripts or copy certain elements from another script. You might see this error with basically all supported colors: Undeclared identifier `color.red` Undeclared identifier `color.black` Undeclared identifier `color.white` Undeclared identifier ‘red’ Undeclared identifier ‘black’ Undeclared identifier ‘white’ Pine Script – Undeclared identifier ‘green’ / ‘color.green’ – how to fix it? Read More →
UT Bot is a pretty popular script I created on TradingView. Quite often, I receive questions if I can create a screener from it. So finally, I decided to add it to my Ultimate Custom Screener. So now you can screen for UT Bot Signals for up to 40 symbols at the same time in UT Bot Screener in TradingView Read More →
Good timing for exiting your positions is essential for good trading strategies. There are a few ways to close/exit positions in Pine Script. In this article, I’ll show you examples of all of them. First of all, in Pine Script, we can create a strategy without separated exits. If we create a strategy with longs Few ways to close/exit positions in Pine Script Read More →
I published a new indicator on TradingView: High/Low Volume by QuantNomad on TradingView.com In this indicator, I show you a better way to define high/low values of volume (or any other indicator). Quite often, I get requests from my clients that an indicator level should be “high” or that it should be above a certain High/Low Volume Indicator Read More →
Arrays are an essential feature in programming languages, allowing for the storage and organization of data in a single variable. Arrays can be used to store multiple values of any data type, making them a powerful tool for storing and manipulating data in programming. In Pine Script, arrays can help you develop advanced indicators and Defining an array in Pine Script. Read More →
Depending on the type of your indicator, you might want to plot it on top of your price or in a separate pane. If your indicator has the same scale as your data, you might want it to display on top, for example, BB, SMA, or Ichimoku cloud. If the scale is completely different, you Displaying Pine Script indicator overlaying the price or in a separate chart. Read More →
String concatenation is the main string feature in any programming language. It allows multiple strings to be joined together to form one larger string. This is used in many programming languages to create more complicated strings. String concatenation can be used to combine strings of different lengths, as well as to concatenate strings of text and numerical data.
