Functions

indicator()

This declaration statement defines the script as an indicator and configures various indicator-related properties.

Syntax

                indicator(const string title, const string shorttitle, const bool overlay, const string format, const int precision) → void

Arguments

title required const string The title of the script. It is displayed on the chart when no shorttitle argument is used, and becomes the publication's default title when publishing the script.

shorttitle const string The script's display name on charts. If specified, it will replace the title argument in most chart-related windows. Optional. The default is the argument used for title

overlay const bool If true, the indicator will be displayed over the chart. If false, it will be added in a separate pane. Optional. The default is false.

format const string Specifies the formatting of the script's displayed values

precision const int Specifies the number of digits after the floating point of the script's displayed values

Return Type

void

Example


          indicator(title="Simple Moving Average", overlay=true,shorttitle="SMA")
sma_value = talib.sma(close, 14)
plot(sma_value, title="SMA 14", color=color.blue, linewidth=2)