Indicator · Pine Script v6 · Own pane

P Syn Switch

by GammaExpansion

P Syn Switch is an indicator that selects price values based on the mode input using a switch function.

View on GitHub

GitHub stars1on the repository
Pine versionv6current
Lines of code16
Settings1inputs
LicenceMIT
Last update7 days ago23 Oct 2026

Add It to Your TradingView Chart

  1. 1Copy the scriptPress Copy script above, or the copy button on the code below.
  2. 2Open the Pine EditorOpen a TradingView chart and choose Pine Editor at the bottom of the screen.
  3. 3Paste over the templateCreate a new indicator, select all of the template text and paste. Press Save and give it a name.
  4. 4Add it to the chartPress Add to chart, then adjust the settings with the gear icon next to its name.

Source Code

16 lines of Pine Script v6 from packages/golden/fixtures/parse/v6/P_syn_switch/source.pine, published under MIT. Keep the author's credit and licence lines when you reuse it.

source.pine
//@version=6
indicator("P_syn_switch")
mode = input.string("a", options = ["a", "b", "c"])
v1 = switch mode
    "a" => close
    "b" => open
    => hl2
v2 = switch
    close > open => 1
    close < open => -1
    => 0
switch mode
    "a" => label.new(bar_index, high, "a")
    "b" => label.new(bar_index, low, "b")
plot(v1)
plot(v2)

Overview

For mode 'a' it calculates and plots close, for 'b' it uses open, and for 'c' it calculates hl2. It also plots v2 to indicate candle direction as 1 for bullish, -1 for bearish, and 0 for doji. Labels are placed on the high for mode 'a' and low for mode 'b'. The main setting changes the source price for v1 and the label position. It draws both v1 and v2 plots on the main price chart along with labels.

Details

Published by

GammaExpansion on GitHub

Draws

Separate pane below the chart

Markets

Any symbol

Timeframes

Any timeframe

Risk Notes

No repainting, lookahead or stacked entries were found in its code or README. That says nothing about how well it works: test it first.

Settings

The inputs you can change from the gear icon on the chart. Defaults are the author's.

SettingTypeDefaultVariable
modestringamode
Third-party code. ForexR did not write, test or endorse this script, and the summary above was generated automatically from its code and README. Indicators describe the past, and a strategy's backtest can look better than live trading, especially when a script repaints. Check it in the Strategy Tester and on a demo account before you rely on it.

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