color.new() - Pine Script Function

color.new()

Overview

Function color applies the specified transparency to the given color.

Syntax

color.new(color, transp) → const color

Parameters

Name	Type	Description
color	const color	Color to apply transparency to.

Returns

Color with specified transparency.

Remarks

• Using arguments that are not constants (e.g., ‘simple’, ‘input’ or ‘series’) will have an impact on the colors displayed in the script’s “Settings/Style” tab. See the User Manual for more information.

Examples

Example 1

//@version=6
indicator("color.new", overlay=true)
plot(close, color=color.new(color.red, 50))