Introduction to Pine Script (Part 1)

Pine Script is a simple yet powerful scripting language used on TradingView for creating indicators and trading strategies.

What is Pine Script?

A lightweight scripting language designed for technical analysis and algorithmic systems.

TradingView Editor

Pine Script is written directly inside the TradingView editor:
https://sancoqhub.com/go/tradingview

Your First Pine Script Code

//@version=5
indicator("My First Indicator", overlay=true)
plot(close)

Indicator vs Strategy

• Indicator → visual
• Strategy → simulates trades

First Strategy

//@version=5
strategy("Simple Strategy", overlay=true)
longCondition = close > open
if longCondition
    strategy.entry("Long", strategy.long)

Pine Script Core Structure

• Variables
• Functions
• plot()
• ta. library (EMA, RSI, etc.)

Premium Recommendation

More alerts, more chart layouts, more data:
https://sancoqhub.com/go/tradingview

Conclusion

You now know the basics of Pine Script.
Next part will cover variables, operators, and inputs.