PINE Tutorial 1: Execution Model: Free TradingView Indicator (Pine Script)

Add It to Your TradingView Chart

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

Source Code

24 lines of Pine Script v5 from PINE教学1：执行模型.pine, published under MPL-2.0 (file header). Keep the author's credit and licence lines when you reuse it.

PINE教学1：执行模型.pine

// This source code is subject to the terms of the Mozilla Public License 2.0 at https://mozilla.org/MPL/2.0/
// © blockplus

//@version=5
indicator("PINE教学1：执行模型", overlay=true)

var count = 0
count += 1

txt = "第" + str.tostring(count) +"次执行PINE脚本\n" +
     "===== K线数据 =====：" +"\n" +
     "K线开盘价：" + str.tostring(open) +"\n" +
     "K线收盘价：" + str.tostring(close) +"\n" +
     "K线最高价：" + str.tostring(high) +"\n" + 
     "K线最低价：" + str.tostring(low) +"\n" +
     "K线成交量：" + str.tostring(volume) +"\n"+
     "===== 指标数据 =====：" +"\n" +
     "K线位置SMA12：" + str.tostring(ta.sma(close, 3)) +"\n" + 
     "K线位置EMA12：" + str.tostring(ta.ema(close, 3)) +"\n" +
     "K线位置RSI：" + str.tostring(ta.rsi(close, 3)) +"\n ..."

label1 = label.new(bar_index, low, text=txt, style=label.style_label_up, color=color.white)
label.set_x(label1, bar_index)
label.delete(label1[1])

Overview

PINE Tutorial 1: Execution Model calculates bar-by-bar price data including open, high, low, close, and volume, alongside basic moving averages and an oscillator. The script renders a single dynamic text label on the price chart displaying these real-time values, deleting the previous bar's label to maintain a clean display. It provides no trading signals or custom user inputs and serves purely as an educational diagnostic display.

Bar execution counter
On-chart OHLCV text display
Real-time technical indicator inspection
Dynamic single-label rendering

Details

Published by

blockplusim on GitHub

Code credit

blockplus, as written in the script's header

Type

Indicator, Pine Script v5

Draws

On the price 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.

File

PINE教学1：执行模型.pine

Repository

github.com/blockplusim/pine_tutorial. See its other scripts in the library

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.

Similar Pine Scripts

Symbol Info Helper

by everget

948

Symbol Info Helper is an informational utility script that displays metadata about the currently selected instrument directly on the main price chart. It gathers built-in symbol properties including ticker identifier, description, instrument type, point value,

Indicator v4 Screeners & dashboards

Updated 10 days ago · GPL-3.0

ICT Displacement Candles Indicator

by ArunKBhaskar

575

The indicator plots ICT displacement candles on the price chart and can switch to retracement scanning. Displacement requires a move larger than a set share of the 14-bar average high-low range, lasting at least a chosen number of bars, with optional close, pr

Indicator v6 SMC / ICT / price actionCandlestick patterns

Updated 1 year ago · MPL-2.0

Markov Regime - Bull / Bear / Sideways

by jackson-video-resources

493

This indicator classifies each bar as bull, bear, or sideways from a rolling log return compared with adjustable percentage thresholds. It paints a regime ribbon on the price chart, shows a current-regime banner, and labels state changes after a minimum hold.

Indicator v5 TrendScreeners & dashboards

Updated 5 months ago · Custom licence

Multi Alert Long/Short [Alorse]

by Alorse

330

This indicator monitors multiple cryptocurrency symbols for trading signals. It calculates and plots entry prices, take profit, and stop loss levels for each symbol including BTCUSDT, ETHUSDT, BNBUSDT and others. Price crossovers trigger buy, sell or close ale

Indicator v5 Support & resistanceScreeners & dashboards

Updated 2 months ago · None stated

Pricing Table

by namuan

318

This indicator calculates theoretical options contract values and in-the-money probabilities using historical realized volatility across multiple standard deviations. It displays these metrics in a table overlay directly on the price chart. Users can adjust th

Indicator v4 Volatility & bandsScreeners & dashboards

Updated 2 months ago · MIT

3938 Tracker

by Allen1212

303

3938 Tracker visualizes historical buying and selling activity from ARK Invest funds directly on the main price chart. It plots labels at specific timestamps corresponding to trade dates, indicating buy or sell actions along with the count of participating ETF