Micron Technology - The perfect chart!NASDAQ:MU is one of these stocks, which just respects every level, cycle and structure.
If I would give each chart an individual rating, the chart of Micron Technology would be 10 out of 10. Micron Technology is actually respecting every structure level and providing textbook trading opportunities. If we get a retest of the previous all time high, which is now turned support and perfectly lining up with the support of the rising channel, I will certainly look for longs.
Levels to watch: $90
Keep your long term vision,
Philip - BasicTrading
Highertimeframes
Backtesting BITCOIN on HTF (8hours)In this video, I am going to backtest the Sell indicator that I have created especially for BITCOIN. This will be on the 8H timeframe.
If you wish to see using the other indicators on lower timeframe, then please check the link below where I use the indicator to scalp bitcoin on the 15minutes timeframe.
Pine Script: Live and non-repainting HTF Moving AveragesHello Everyone,
While using "Security" function for Higher Time Frames (htf) you must accept "Repainting" issue or better you must use previous day data such "security(syminfo.tickerid, 'D', close , lookahead=barmerge.lookahead_on)" that's best normally (or barmerge.lookahead_off). But the problem is (as you can see) it uses previous day data, and this causes latency.
So how to draw LIVE and NON-REPAINTING HTF moving averages?
Until the last candle of higher time frame all is fine and no repaint issue. when it came to last candle of HTF and if we use real data, (because of we can not know the future) while price is changing it starts drawing on each candle of current period without correcting old ones (this is repaint issue). it needs to calculate number of curent times frame candles for higher time frame and must change all points as in that period as you can see in the video (non-repainting one).
we have "50 lines" limitation in current Pine version. we hope to have unlimited lines in next version.
This work is completely experimetal.
btw Thanks to all Pine Platform Developers, They are doing very good job!
Enjoy!