Digital Magician: Revealing the Candlestick Principle of Pine Script

Pine Script is a scientific language based on logic and data that performs magic on TradingView charts. It uses the opening price, high price, low price, closing price, and trading volume of each candlestick to cast its magic. Historical candlesticks are only executed once, on the closing price, while real-time candlesticks are executed every time the data is updated. Built-in variables such as open, high, low, close, and volume are used to predict the future based on past data on historical candlesticks and continuously update on real-time candlesticks. The behavior of strategies and indicators is also different, with strategies being executed only on the closing of real-time candlesticks, while indicators are executed on every update. Understanding the execution mechanism of Pine Script can better utilize this powerful tool for quantitative trading.

blackcat1402
blackcat1402
This cat is an esteemed coding influencer on TradingView, commanding an audience of over 8,000 followers. This cat is proficient in developing quantitative trading algorithms across a diverse range of programming languages, a skill that has garnered widespread acclaim. Consistently, this cat shares invaluable trading strategies and coding insights. Regardless of whether you are a novice or a veteran in the field, you can derive an abundance of valuable information and inspiration from this blog.
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