Script structure

A Pine script follows this general structure:

<version>
<declaration_statement>
<code>

Version

A compiler annotation in the following form tells the compiler which of the versions of Pine Script™ the script is written in:

• The version number can be 1 to 5.
• The compiler annotation is not mandatory. When omitted, version 1 is assumed. It is strongly recommended to always use the latest version of the language.
• While it is synctactically correct to place the version compiler annotation anywhere in the script, it is much more useful to readers when it appears at the top of the script.

Notable changes to the current version of Pine Script™ are documented in the Release notes.

Declaration statement

All Pine scripts must contain one declaration statement, which is a call to one of these functions:

• indicator()
• strategy()
• library()

The declaration statement:

• Identifies the type of the script, which in turn dictates which content is allowed in it, and how it can be used and executed.
• Sets key properties of the script such as its name, where it will appear when it is added to a chart, the precision and format of the values it displays, and certain values that govern its runtime behavior, such as the maximum number of drawing objects it will display on the chart. With strategies, the properties include parameters that control backtesting, such as initial capital, commission, slippage, etc.

Each type of script has distinct requirements:

• Indicators must contain at least one function call which produces output on the chart (e.g., plot(), plotshape(), barcolor(), line.new(), etc.).
• Strategies must contain at least one strategy.*() call, e.g., strategy.entry().
• Libraries must contain at least one exported function or user-defined type.

Code

Lines in a script that are not comments or compiler annotations are statements, which implement the script’s algorithm. A statement can be one of these:

• variable declaration
• variable reassignement
• function declaration
• built-in function call, user-defined function call or a library function call
• if, for, while, switch, type, or enum structure.

Statements can be arranged in multiple ways:

• Some statements can be expressed in one line, like most variable declarations, lines containing only a function call or single-line function declarations. Lines can also be wrapped (continued on multiple lines). Multiple one-line statements can be concatenated on a single line by using the comma as a separator.
• Others statements such as structures or multi-line function declarations always require multiple lines because they require a local block. A local block must be indented by a tab or four spaces. Each local block defines a distinct local scope.
• Statements in the global scope of the script (i.e., which are not part of local blocks) cannot begin with white space (a space or a tab). Their first character must also be the line’s first character. Lines beginning in a line’s first position become by definition part of the script’s global scope.

A simple valid Pine Script™ v5 indicator can be generated in the Pine Script™ Editor by using the “Open” button and choosing “New blank indicator”:

This indicator includes three local blocks, one in the f() function declaration, and two in the variable declaration using an if structure:

You can bring up a simple Pine Script™ v5 strategy by selecting “New blank strategy” instead:

Comments

Double slashes (//) define comments in Pine Script™. Comments can begin anywhere on the line. They can also follow Pine Script™ code on the same line:

The Pine Editor has a keyboard shortcut to comment/uncomment lines: ctrl + /. You can use it on multiple lines by highlighting them first.

Line wrapping

Long lines can be split on multiple lines, or “wrapped”. Wrapped lines must be indented with any number of spaces, provided it’s not a multiple of four (those boundaries are used to indent local blocks):

may be wrapped as:

A long plot() call may be wrapped as:

Statements inside user-defined function declarations can also be wrapped. However, since a local block must syntactically begin with an indentation (4 spaces or 1 tab), when splitting it onto the following line, the continuation of the statement must start with more than one indentation (not equal to a multiple of four spaces). For example:

You can use comments in wrapped lines:

Compiler annotations

Compiler annotations are comments that issue special instructions for a script:

• //@version= specifies the PineScript™ version that the compiler will use. The number in this annotation should not be confused with the script’s version number, which updates on every saved change to the code.
• //@description sets a custom description for scripts that use the library() declaration statement.
• //@function, //@param and //@returns add custom descriptions for a user-defined function or method, its parameters, and its result when placed above the function declaration.
• //@type adds a custom description for a user-defined type (UDT) when placed above the type declaration.
• //@enum adds a custom description for an enum types when placed above the enum declaration.
• //@field adds a custom description for the field of a user-defined type (UDT) or an enum types when placed above the type or enum declaration.
• //@variable adds a custom description for a variable when placed above its declaration.
• //@strategy_alert_message provides a default message for strategy scripts to pre-fill the “Message” field in the alert creation dialog.

The Pine Editor also features two specialized annotations, //#region and //#endregion, that create collapsible code regions. Clicking the dropdown arrow next to a //#region line collapses all the code between that line and the nearest //#endregion annotation below it.

This example draws a triangle using three interactively selected points on the chart. The script illustrates how one can use compiler and Editor annotations to document code and make it easier to navigate: