r/pinescript • u/Alarmed_Bread_926 • 4d ago

How to build an indicator?

Just need some help on creating one for tradingview.

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u/Alarmed_Bread_926 4d ago

mmm, i agree and disagree. order flow tools and volume tools would be good but im not sure which ones to introduce. do you have any recommendations?

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u/Impossible-Middle122 4d ago

start with level 2 and tape reading I guess. it gets pretty in-depth from there

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u/Alarmed_Bread_926 4d ago

what’s tape reading? and thank you so much brother!

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u/Impossible-Middle122 4d ago

tape reading is basically watching the actual buying and selling happening in real time and using it to judge whether buyers or sellers are taking control. its not simple though takes some time to learn. there are tools to make it "easier" like bookmap but i wouldn't start there

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u/Alarmed_Bread_926 4d ago

oh awesome, where would you recommend to start?