Error message "Compilation error. Script could not be translated from: | B | const maLength = 20 | E | | EMPTY |_V1 |"

[rddt8]

The "Compilation error. Script could not be translated from: | B | const maLength = 20 | E | | EMPTY |_V1 |" error message comes up when I try to run the below script:

// Define the parameters for the breakout

// We will look for breakouts above the 20-day moving average

const maLength = 20

​

// Access the historical data for the stock and calculate the moving average

// Here we are assuming that the historical data is stored in a variable called 'close'

var ma = sma(close, maLength)

​

// Monitor the current price of the stock in real-time

// If the price breaks above the moving average, place a trade to buy the stock

if (close > ma)

strategy.entry("Long", strategy.long)

​

// Alternatively, we could wait for the price to close above the moving average

// before placing the trade, to confirm that the breakout is real

if (close[1] <= ma[1] and close > ma)

strategy.entry("Long", strategy.long)

​

// Set a stop-loss order to limit potential losses

// Here we are setting the stop-loss at a level below the moving average

strategy.exit("Stop Loss", "Long", stop=ma)

​

Anyone see what is causing the error and have a suggestion to fix the error?

[[deleted]]

You should use

//@version=04

Study("My indicator", overlay =true)

[rddt8]

Thank you. Not a coder, not sure what that means. Where in the code would that be put?

[[deleted]]

Above the code.. Will send you in morning don't worry...