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via Udemy |
Go to Course: https://www.udemy.com/course/build-strategies-using-pine-script-tradingview-beginners/
Certainly! Here's a comprehensive review and recommendation for the Coursera course based on the provided details: --- **Course Review and Recommendation: TradingView Pine Script Strategy Development** Are you interested in enhancing your trading skills and automating your strategies? This Coursera course offers a practical and accessible introduction to TradingView's powerful charting platform and Pine Script, the scripting language used to create custom indicators and trading strategies. **What You Will Learn:** - How to use TradingView for global market analysis with access to real-time data across stocks, forex, cryptocurrencies, and more. - The fundamentals of Pine Script, including key concepts like series data, functions, and script customization. - How to develop your own trading indicators and strategies using Pine Script's lightweight programming environment. - Practical skills in position sizing, risk management, and automated backtesting to refine your trading approach. - How to generate real-time alerts and optimize trade entries based on market conditions. **Course Highlights:** - Hands-on experience with the Pine Editor in TradingView, enabling you to write, modify, and deploy your scripts effortlessly. - Access to a rich library of source codes and open-source scripts to accelerate your learning. - Practical exercises that bridge theory with real-world trading, empowering you to implement your strategies confidently. - No prior coding knowledge required—perfect for traders and enthusiasts looking to learn programming in a straightforward manner. **Who Is This Course For?** - Traders interested in technical analysis and algorithmic trading. - Beginners with a basic understanding of price action trading. - Market enthusiasts looking to connect with a community of like-minded individuals. - Anyone eager to automate and backtest their trading ideas using accessible tools. **Pros:** - Clear, step-by-step guidance suitable for beginners. - Focus on practical application with immediate script deployment. - Emphasis on risk management and real-time trading techniques. - Community engagement for a collaborative learning experience. **Cons:** - Limited to Pine Script within TradingView; more advanced programming features may require further learning. - Assumes some familiarity with trading concepts, though no coding experience is needed. **Final Recommendation:** If you are looking to improve your trading acumen while gaining foundational programming skills tailored for trading automation, this course is an excellent choice. It combines technical analysis, strategy development, and real-world application within a user-friendly platform. Whether you're a novice trader or an aspiring algo-developer, you'll find valuable insights and practical tools to elevate your trading game. **Verdict:** Highly recommended for traders interested in coding their strategies and leveraging TradingView's capabilities to make better-informed, automated trading decisions. --- Feel free to ask if you'd like a shorter summary or specific highlights!
TradingView is a charting platform and social network used by 30 million traders and investors worldwide to spot opportunities across global markets. Tradingview is a place where traders, investors, educators, and market enthusiasts can connect to share ideas and talk about the market. By actively participating in community engagement and conversation, you can accelerate your growth as a trader.Pine is cloud-based and therefore different in nature to client-side programming languages. While we will not develop Pine into a full-fledged language with high-end coding capabilities for building very complex tools, constantly improving Pine is one of our highest priorities and we are happy to consider any requests for new features.If you intend to write Pine scripts of any reasonable complexity, a good comprehension of both the Pine execution model and series is essential in understanding how Pine scripts work. If you have never worked with data organized in series before, you will need practice in putting them to work for you. When you familiarize yourself with Pine's fundamental concepts, you will discover that by combining the use of series with our built-in functions designed to efficiently process series information, much can be accomplished in very few lines of Pine code.Pine EditorThe Pine Editor is where you will be working on your scripts. To open it, click on the Pine Editor tab at the bottom of your TradingView chart. This will open up the editor's window. We will create our first working Pine script. Start by bringing up the "New" dropdown menu at the top right of the editor and choose Blank indicator script. Then copy the previous example script, select all code already in the editor and replace it with the example script. Click Save, choose a name and then click Add to Chart. The MACD indicator will appear in a separate Pane under the chart.From here, you can change the script's code. For example, change the last line's orange for color fuchsia. When you save the script, the change will be reflected in the indicator's pane. Your first Pine script is running!Where to go from here?This documentation contains numerous examples of code used to illustrate how functions, variables and operators are used in Pine. By going through it, you will be able to both learn the foundations of Pine and study the example scripts.The fastest way to learn a programming language is to read about key concepts and try them out with real code. As we've just done, copy this documentation's examples in the editor and play with them. Explore! You won't break anything.You will also find examples of Pine scripts in the editor's New dropdown menu and in TradingView's extensive Public Library of scripts which contains thousands of open source Pine scripts. Enjoy and welcome to Pine!At TradingView, all data is obtained by professional providers who have direct and extensive access to stock quotes, futures, popular indices, Forex, Bitcoin and CFDs.Coding: Pine script is a programming language created by TradingView to backtest trading strategies and create custom indicators. Pine script was designed to be lightweight, and in most cases, you can achieve your objectives with fewer lines of code compared to other programming languages.Position sizing refers to determining the appropriate amount of capital to allocate to a single trade or investment. It is a critical aspect of risk management and ensures you manage potential losses while maximising profitability. Here I'm using an Excel sheet with formulas to explain the same. The Excel sheet and code link is attached with the course members can start practising after watching the video.Objectives:Get Access to Source codes [Members only] , i developed and published on my Tradingview profileLearn to code & Build StrategiesLearn How Percentage Targets and Stoploss works in Algo-Trading on TradingViewLearn Position Sizing using Excel Charts with Inputs and ResultsModify and Learn our Published StrategiesReal-Time AlertsAutomate BacktestingLearn Technical Analysis using Pine ScriptBasic Risk management MethodLearn to adjust Trade Entries based on the market timingRequirements:Basics of Price ActionTradingView Free AccountNo Coding skill requiredLanguage: English Tamil Kannada Hindi MalayalamProgramming: Pinescript - TradingView