Price Input

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Goals

This script is an indicator that plots a user-defined price value on the chart. The user can input any numerical value as the price through the indicator's settings, with a default value of 10.

Pine Script Code

//@version=5
indicator("Input Price")

price = input.price(defval = 10, title = "Enter Price")

plot(price)

Code Output

Explanation

//@version=5

  • This line specifies that the script is written in Pine Script version 5.

indicator("Input Price")

  • This line defines the script as an indicator and sets its name to "Input Price". This name will appear on the chart when you add this script as an indicator.

price = input.price(defval = 10, title = "Enter Price")

  • input.price is a function that creates a numerical input field in the indicator settings where the user can specify a price value.

  • defval = 10 sets the default value of this input to 10.

  • title = "Enter Price" is the label that will appear next to the input field in the indicator settings.

The result of this line is that the user can input a numerical value (price) in the indicator settings, and this value is stored in the variable price.

plot(price)

  • plot(price) plots the value stored in the price variable on the chart.

Keywords

pine script, trading view, script editor, indicators, strategies, backtesting, alerts, custom scripts, stock analysis, charting tools, technical analysis, built-in functions, pine script syntax, trading bots, automated trading, scripting language, market data, trading signals, financial markets, programming trading strategies

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