Hold Up A Second! (Demo) — Indicator by Electrified

This indicator is sample code that you can customize.
It selectively displays a label based on how severe a warning should be.
Simply add it to your chart, then open the code to make a copy for your own use.

Normally I would make this a library, but because libraries can't retain state (yet) and pine script doesn't allow classes (yet), I thought this would be nice to share as I find value in it myself.

Open-source script

In true TradingView spirit, the author of this script has published it open-source, so traders can understand and verify it. Cheers to the author! You may use it for free, but reuse of this code in a publication is governed by House Rules. You can favorite it to use it on a chart.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.

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