🔹 TradingView
What is TradingView?​
TradingView is a user-friendly online platform designed for traders and investors. It offers a wide range of tools and features for analyzing financial markets, making informed trading decisions, and monitoring real-time market data. With its intuitive interface and powerful charting capabilities, TradingView allows users to visualize price movements and technical indicators across various financial instruments. The platform also fosters a social community where users can share trading ideas, strategies, and analysis with a global network of traders, creating a collaborative environment for learning and gaining valuable market perspectives.
TradingView prides itself on having the biggest charting and trading community globally. Trusted by more than 50 million users!
What is PineScript?​
PineScript is a scripting language designed for TradingView's platform, allowing traders to create custom technical indicators, strategies, and alerts. It integrates seamlessly with TradingView's charts and offers backtesting capabilities. SOFEX provides PineScript scripts & indicators that traders can utilize to enhance their strategies and technical analysis on the TradingView platform. PineScript is a user-friendly solution for traders seeking to automate their trading decisions or develop unique analysis tools. The programming language specializes in manipulating financial data and is ideal for easy integration.
With similar syntax to Python and JavaScript, PineScript allows for accurate and fast access to TradingView's vast database of price and volume data.
Why PineScript?​
Integrated and hosted on TradingView, scripts have no downtime and very low latency. Compared to traditional charting and trading languages, it excels in maintainability, customization and reliability for both developers and traders. By leveraging the vast amount of data TradingView has, it is ideal for creating applications for financial markets. For example, to get the current price for BTCUSDT while on the chart, traders can type:
btc_close_price = close
It includes precise and tested built-in functions and formulas, similar to libraries like TA-Lib. For instance, to get the values of Bollinger Bands upper, lower and middle bands for a given period and deviation, it is as simple as this:
[middle, upper, lower] = ta.bb(close, period, deviation)
That being said, PineScript is as sophisticated as any other modern programming language, and developers can leverage that to create extremely complicated and creative scripts!
PineScript allows scripts to issue customizable alerts that can be used as notifications or connect to webhooks and send custom messages.
Check out what the TradingView community is capable of here.
Our scripts and indicators do NOT repaint or mislead. We are in constant communication with PineCoders and other TradingView moderators to ensure the safety and security of our clients.
Unfortunately, many bad actors selling scripts employ tactics that breach the TradingView guidelines and claim unrealistic performance. Our products are posted publicly, moderated and with backtesting always shown.