Starting a New Project

New Project Panel

Overview

The New Project panel allows you to create Pine Script projects from scratch with an AI-assisted approach. This feature helps you build customized indicators and strategies by combining preset tools with your own trading ideas.

Create a New Project Form

Create Project Form

Script Name

Enter a name for your Pine Script project. This will be used as the title/identifier of your script.

• Required field

• Example: "RSI with Volume Strategy" or "Multi-Timeframe Support/Resistance Indicator"

Type of Script

Choose between two fundamental types of Pine Scripts:

• Indicator: For creating technical analysis tools that plot values, lines, or shapes on the chart

• Strategy: For creating trading systems that can generate buy/sell signals and backtest performance

Preset Concepts

Access a library of common technical indicators like:

• Moving Averages (SMA, EMA, HMA)

• Oscillators (RSI, MACD, Stochastic)

• Volatility measures (ATR, Bollinger Bands)

• Market structure tools (Order Blocks, Fair Value Gaps)

Each indicator can be customized after adding it to your project by clicking on the Indicator Tag.

Keep the number of attached concepts to around 3-5 for best results. HorizonAI may get overloaded with information and performance may be less than if you add to many concepts

Modifying the Bollinger Band Concept Tag

Candle Patterns

Include traditional candlestick pattern detection:

• Doji formations

• Engulfing patterns

• Morning/Evening stars

• Hammer/Shooting stars

• And many more classic patterns

Search for Concepts

• Search and add up to 3 additional trading concepts not found in the preset tools

• Use this to incorporate specific patterns or indicators you want to include

• Describe the concept clearly for better AI understanding

• Good Examples: "Wyckoff accumulation pattern", "ICT Silver Bullet", "Unicorn Model by ICT"

• Bad Examples: "profitable strategy", "smart money concepts" (this is too vague and can mean many things)

These tags will be used to search the internet for more information. Keep the tags short and to the point, just mentioning the concept name and possibly the creator of the concept.

Script Idea

Describe your complete trading concept:

• Explain how different components should work together

• Specify entry/exit conditions

• Detail any specific calculations or logic

• Include timeframe requirements

• Mention any custom alerts or visual elements needed

Tips for Best Results

1. Be specific in your script idea description

2. Combine preset tools with custom concepts for comprehensive strategies

3. Review and adjust any indicator settings before creating the project

4. Ensure all required fields are filled out before submission

Note

The New Project feature is available exclusively for premium subscribers and helps streamline the process of creating complex Pine Scripts with AI assistance.