Please see below an indicator I found on Trading View. I want to convert it to v5 but there is no options appearing in tradingview pinescript. could anybody please help me to fix this?
Many thanks
study("Supertrend V1.0 - Buy or Sell Signal", overlay = true)
Factor=input(3, minval=1,maxval = 100)
Pd=input(7, minval=1,maxval = 100)
Up=hl2-(Factor*atr(Pd))
Dn=hl2+(Factor*atr(Pd))
TrendUp=close[1]>TrendUp[1]? max(Up,TrendUp[1]) : Up
TrendDown=close[1]<TrendDown[1]? min(Dn,TrendDown[1]) : Dn
Trend = close > TrendDown[1] ? 1: close< TrendUp[1]? -1: nz(Trend[1],1)
Tsl = Trend==1? TrendUp: TrendDown
linecolor = Trend == 1 ? green : red
plot(Tsl, color = linecolor , style = line , linewidth = 2,title = "SuperTrend")
plotshape(cross(close,Tsl) and close>Tsl , "Up Arrow", shape.triangleup,location.belowbar,green,0,0)
plotshape(cross(Tsl,close) and close<Tsl , "Down Arrow", shape.triangledown , location.abovebar, red,0,0)
//plot(Trend==1 and Trend[1]==-1,color = linecolor, style = circles, linewidth = 3,title="Trend")
plotarrow(Trend == 1 and Trend[1] == -1 ? Trend : na, title="Up Entry Arrow", colorup=lime, maxheight=60, minheight=50, transp=0)
plotarrow(Trend == -1 and Trend[1] == 1 ? Trend : na, title="Down Entry Arrow", colordown=red, maxheight=60, minheight=50, transp=0)
The auto convert tool works starting from v3
. So, you need to update it to v3
yourself and then let the tool do its job.
The only thing you need to pay attention to is self referenced variables are removed .
//@version=5
indicator('Supertrend V1.0 - Buy or Sell Signal', overlay=true)
Factor = input.int(3, minval=1, maxval=100)
Pd = input.int(7, minval=1, maxval=100)
Up = hl2 - Factor * ta.atr(Pd)
Dn = hl2 + Factor * ta.atr(Pd)
TrendUp = 0.0
TrendUp := close[1] > TrendUp[1] ? math.max(Up, TrendUp[1]) : Up
TrendDown = 0.0
TrendDown := close[1] < TrendDown[1] ? math.min(Dn, TrendDown[1]) : Dn
Trend = 0.0
Trend := close > TrendDown[1] ? 1 : close < TrendUp[1] ? -1 : nz(Trend[1], 1)
Tsl = Trend == 1 ? TrendUp : TrendDown
linecolor = Trend == 1 ? color.green : color.red
plot(Tsl, color=linecolor, style=plot.style_line, linewidth=2, title='SuperTrend')
plotshape(ta.cross(close, Tsl) and close > Tsl, 'Up Arrow', shape.triangleup, location.belowbar, color.new(color.green, 0), 0)
plotshape(ta.cross(Tsl, close) and close < Tsl, 'Down Arrow', shape.triangledown, location.abovebar, color.new(color.red, 0), 0)
//plot(Trend==1 and Trend[1]==-1,color = linecolor, style = circles, linewidth = 3,title="Trend")
plotarrow(Trend == 1 and Trend[1] == -1 ? Trend : na, title='Up Entry Arrow', colorup=color.new(color.lime, 0), maxheight=60, minheight=50)
plotarrow(Trend == -1 and Trend[1] == 1 ? Trend : na, title='Down Entry Arrow', colordown=color.new(color.red, 0), maxheight=60, minheight=50)
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