OPEN-SOURCE SCRIPT

Explaining VAR

Updated
Explaining VAR

Best to use on a Monthly Timeframe with a Ticker that exists longer then 2 years (example Bitcoin )
Then open the console so you can read and follow the instructions and explanation in the script

-> Perhaps technically some things could be better explained, but the main goal here is to explain 'var' in a rather simple way

Hope this helps, cheers!
Release Notes
This is meant for Pine Script coders who have trouble with the distinction between
'var' declared variables and 'non var' declared variables
Release Notes
This script is part of a collection of educational scripts
If you want to return to the open source INDEX page, click here
-> Education: INDEX
educationalTrend AnalysisVAR

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 publication is governed by House rules. You can favorite it to use it on a chart.

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PineCoder: pinecoders.com

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