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+-- Forum: \ # INDIGOSTRADER.com - Metatrader MQL4 & MQL5 and PineScript PROGRAMMERS \ (https://indigostrader.com/forumdisplay.php?fid=35)
+--- Forum: \ # PINE SCRIPT PROGRAMMERS \ (https://indigostrader.com/forumdisplay.php?fid=75)
+--- Thema: Welcome to the Pine Script (Think Tank) LAB (/showthread.php?tid=98)
Welcome to the Pine Script (Think Tank) LAB - indigostrader - 25.11.2025
The domain-specific language of TradingView. Pine Script has democratised algorithmic trading by making strategy coding accessible, visual, and social. It is the ultimate tool for rapid prototyping, backtesting, and sharing trading ideas. Here, we focus on the unique philosophy and power of coding within the TradingView environment.
discuss how to quickly translate a trading idea from a chart drawing into a coded
strategy, test its core logic, and iterate. This is about the "art of the possible" in a few
dozen lines of code.
differences* (v4 vs. v5) and its **time-series** nature is critical. We dive deep into `var`
for state preservation, the `security()` function for multi-timeframe/data access, and
the `strategy()` vs. `indicator()` declarations.
implementing realistic **broker emulation** with pyramiding, commission, and
slippage. We dissect the difference between a profitable "study" and a tradeable
"strategy."
output as it is about logic. We share techniques for using `plotshape()`, `plotarrow()`,
`line.new()`, and `table.new()` to create intuitive and informative visual feedback for
your strategies.
the social features of TradingView effectively. This includes:
* Publishing scripts with clear instructions and user-friendly inputs.
* Interpreting and responding to community feedback on your published ideas.
* Analysing the performance reports and understanding metrics like the Sharpe Ratio,
Profit Factor and Max Drawdown in the TradingView context.
* Converting classic indicators and strategies into efficient Pine code.
* Advanced `security()` function usage for complex asset correlations.
* Building alert conditions that are robust and actionable.
* Discussions on the limitations of Pine Script (e.g., no external data calls, no manual trade interaction) and creative workarounds.
* Code reviews focused on readability, efficiency, and visual clarity for the TradingView
community.
ideas into tested, visual, and shareable strategies.