PINE LIBRARY

WelcomeUDT

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█  OVERVIEW
This is a simplest example of user-defined types (UDT) or objects, which simplify as alternative to hello world.

█  CREDITS
Tradingview

█  USAGE
These are the types used during initializations, commonly variables.
Pine Script®


Example of library function to print out label.
Pine Script®


Usage of types
Pine Script®


Alternative way to write types
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Usage of types into custom function / library function.
Pine Script®


printLabel(Settings)
  Print out label
  Parameters:
    Settings: types
  Returns: Label object

Settings
  Initialize type values
  Fields:
    bar: X position for label
    price: Y position for label
    phrase: Text for label
    bg: Color for label
    variable: Boolean for enable new line and delete line

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