Why wont this script actually plot the open and close prices?As you can see on the chart, the open and close prices are not where the lines are. Please help.
Thank you
// This source code is subject to the terms of the Mozilla Public License 2.0 at mozilla.org
// © bradchris24
//@version=4
study("Short Term Levels me", shorttitle="STL", overlay=true)
t = time("1440", "0000-0930")
dclose = security(syminfo.tickerid, "D", close )
dopen = security(syminfo.tickerid, "D", open)
is_first = na(t ) and not na(t) or t < t
ending_hour = input(defval=9, title="Ending Hour", type=input.integer)
ending_minute = input(defval=30, title="Ending Minute", type=input.integer)
day_high = float(na)
if is_first and barstate.isnew and (hour < ending_hour or hour >= 16 or hour == ending_hour and minute < ending_minute)
day_high := high
else
day_high := day_high
if high > day_high and ((hour < ending_hour or hour >= 16) and hour < 16 or hour == ending_hour and minute < ending_minute)
day_high := high
day_high
plot(day_high, style=plot.style_line, color=color.yellow, linewidth=1)
plot(dclose, style=plot.style_line, color=color.green, linewidth=1)
plot(dopen, style=plot.style_line, color=color.red, linewidth=1)
BYND trade ideas
BEYOND MEAT, Above and Beyond $BYNDThere is a big freaking triangle forming on the #BYND price chart... can be bearish.. but can rocket if the right news is issued in the next week.
Price has been squeezing for a while now, will be released sooner than later, direction is hard to predict though.
High profitable trade, with tight stop loss under the below structure.
PT1:140
PT2:150
PT3: if Beyond defeats the COVID ->165
STOP: 120
Give at least 7 days to play the scenario out.
BYND: EW count indicates Wave 3 startedQuick EW count of BYND indicates an price has started a wave 3 of some degree. The corresponding wave 1 contains an extended wave 1 of a lesser degree that goes from about $48 to $147.
Blue line is low price, black line is closing price, and red line is high price.
BYND: Buy at 142.61 with profit target at 208.95BYND, Beyond Meat, could have a potential Flat Base breakout next week. On 08/27 there was a potential gap up buy but it closed below the 50DMA, which is a sign of weakness. It is now making another attempt to close above the 50DMA then the 10WMA. If the price holds above the moving averages level and consolidates a bit there is a potential buy next week at 142.61. Then the next level to watch would be a close above 167.26. If the price does close above 167.26 then the volume better be at least 50% or else that would be a sell.
The fundamentals are looking great. Sales and EPS are both increase and top fund like Federated Herm Kaufmann Small Cap (FKASX) owns it too.
Yearly EPS
2017: -.51
2018: -.49
2019: .04
2020: .10 estimated
2021: .60 estimated
Sales Quarterly Increase
Sep-19: +250%
Dec-19: +213%
Mar-20: +141%
Jun-20: +69%
BYND signaled a little while back and finally looking decentBYND has a target at $162. It's looking pretty decent here for a run. May not hit if it runs here. Could take another leg up before closing the books on this signal. Ready to trim on a spike and rebuy on a dip. this is like learning to surf the market waves lol
Beyond Meat: Moon bound?Published the wrong chart that didn’t properly depict accumulation in previous idea. This chart shows accumulation as a pennant.
BYND might have completed a long-term accumulation phase depicted by the blue pennant and finished an EW wave 1 of some lesser degree. I’ve based the Fib levels on the possible wave 1. If valid, price will target $270.
Beyond Meat basic observationBYND has really liked this channel in its overall price history. I'm looking for a bounce and a move back out of the channel, if the bounce doesn't occur and this moves to the bottom of the channel I'll look for a short when the channel is broken. I will be looking to go long or short based on how the price responds over the next couple of weeks to this area. Setting 3 different alerts and I'll be looking as using at the money options for 2 months out on my entry when I see it.