label - Pine Script Type
Overview
Section titled “Overview”Keyword used to explicitly declare the “label” type of a variable or a parameter. Label objects (or IDs) can be created with the label.new function.
Remarks
Section titled “Remarks”- Label objects are always of “series” form.
Example
Section titled “Example”//@version=6indicator("label")// Empty `label1` label ID.var label label1 = na// `label` type is unnecessary because `label.new()` returns "label" type.var label2 = label.new(na, na, na)if barstate.islastconfirmedhistory label3 = label.new(bar_index, high, text = "label3 text")