To all new traders, and busy traders I will be posting one that you can set alerts. Please look under my profile or type "K.M Trend Alerts (BETA 1.2)" .
I ask for everyone to try this script out, please provide any feedback under in the comments below. Any feedback will be amazing! Thank you to everyone, and http://www.tradingview.com.
Follow us on Instagram: TWTForexGroup, we have amazing content and also sell signals!
//@version=2 strategy("K.M Trend Strategy (BETA 1.2)") //// This script is built by Kevin Manrrique, if you have any information or questions //// //// about this script and how it works please message me. K.M Trend Alerts (BETA 1.2) is a //// //// testing indicator. If your intrested in recieving signals please follow us on; Instagram: TWTForexGroup //// //// We build, rebuild, repair, and test if intrested inbox me ///// //// Appreciate what you have around you, not everyone lives like us //// //// Sincerely, //// //// Kevin Manrrique //// //// Main //// tim="2440", minval=1 tim2="1440", minval2=1 //// Lines //// line1 = security(tickerid, tim, close) line2 = security(tickerid, tim2, close[0.99]) line3 = line2 - line1 //// Plot //// plot(line3, style=columns, color=orange, linewidth=3, title="P") //// Additions //// baseline=0 plot(baseline, style=line, color=black, title="B") //// Signals //// longcondition = cross(line3, baseline) if (longcondition) strategy.entry("Buy", strategy.long) shortcondition = crossunder(line3, baseline) if (shortcondition) strategy.entry("Sell", strategy.short)
Remember if your trying to catch future data you can only use "open". I hope all the best for all of you, if you have any questions please feel free to inbox me.
To be honest,It means that an indicator is changing an outcome re-painting its historical data which is lagging behind live ( looking forward )
The past is "repainted" in every tim2="1440" min or for whatever timeframe I use like other re painting indicators or strategies ANN , Gettrend ..etc
First of all, never use Heikin Ashi charts to test strategies. Open and close prices are not "real" so it will give you entry/exit prices that you will never be able to achieve in live trading.
Then, what does close even mean ? In Pinescript, this is interpreted as close. So unless you use this strategy on timeframes >2440min, it uses future data and therefore repaints.