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label.new() - Pine Script Function

`label.new()`

Overview

Creates new label object.

Syntax

label.new(point, text, xloc, yloc, color, style, textcolor, size, textalign, tooltip, text_font_family, force_overlay, text_formatting) → series label

Parameters

Name	Type	Description
point	chart.point	A chart.point object that specifies the label’s location.

Returns

Label ID object which may be passed to label.setXXX and label.getXXX functions.

Examples

Example 1

//@version=6
indicator("label.new")
var label1 = label.new(bar_index, low, text="Hello, world!", style=label.style_circle)
label.set_x(label1, 0)
label.set_xloc(label1, time, xloc.bar_time)
label.set_color(label1, color.red)
label.set_size(label1, size.large)

See Also