Resolution Input

Yaser Rahmati | یاسر رحمتی

Goals

This script is an indicator that plots the closing price of a security on the chart. The user can select the timeframe resolution (daily, weekly, or monthly) through the indicator's settings. The default resolution is daily ('D').

Pine Script Code

//@version=5
indicator("Input Resolution")

resolution = input.timeframe(defval = 'D', title = "Select Resolution", options=['D', 'W', 'M'])

plot(close)

Code Output

Explanation

//@version=5

• Specifies that the script is using Pine Script version 5.

indicator("Input Resolution")

• Defines the script as an indicator named "Input Resolution". This name will appear on the chart when you add this script as an indicator.

resolution = input.timeframe(defval = 'D', title = "Select Resolution", options=['D', 'W', 'M'])

• input.timeframe is a function that creates a dropdown list in the indicator settings.

• defval = 'D' sets the default value of this dropdown to 'D', which typically stands for daily timeframe.

• title = "Select Resolution" is the label that appears next to the dropdown in the indicator settings.

• options=['D', 'W', 'M'] specifies the options available in the dropdown: 'D' for daily, 'W' for weekly, and 'M' for monthly.

The result of this line is that the user can select a timeframe resolution (daily, weekly, or monthly) in the indicator settings, and this value is stored in the variable resolution.

plot(close)

• plot(close) plots the closing price of the asset on the chart.

Keywords

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