How to use HA-Low and HA-High indicators
Hello?
Traders, welcome.
If you "Follow", you can always get new information quickly.
Please also click "Boost".
Have a good day.
-------------------------------------
(BTCUSD chart)
The HA-Low and HA-High indicators are paired indicators.
When supported by the HA-Low indicator, it corresponds to the time to buy, and when it rises to the vicinity of the HA-High indicator, it corresponds to the time to sell.
This is a basic principle of indicator design.
The HA-Low and HA-High indicators are indicators created for trading, so you can trade based on whether you are supported or resisted by these indicators.
In addition to the basic design mentioned above, support in each indicator, HA-Low and HA-High, corresponds to the time to buy, and resistance corresponds to the time to sell.
The basic design method is less psychologically burdensome, so it is easier than conducting transactions.
When you try to buy because it shows support in the HA-High indicator, it is likely to be a point near the recent high, so you actually have a psychological burden.
Therefore, for mechanical trading, it is best to choose a method of buying when supported near the HA-Low indicator and selling when it rises near the HA-High indicator as the basic design method.
Both HA-Low and HA-High indicators exist on each time frame chart.
Therefore, you can proceed with trading by looking at the time frame chart corresponding to the investment period according to your investment style.
The length of the horizontal line on the HA-Low and HA-High indicators will tell you if the current trend is up or down.
If the horizontal line of the HA-Low indicator is longer than the horizontal line of the HA-High indicator (HA-Low > HA-High), then the trend is likely to be up.
In the opposite case (HA-Low < HA-High ), it is likely to be in a downtrend.
Therefore, if you look at the 1M chart, you can interpret it as an overall downtrend.
On the other hand, if you look at the 1W chart, you can interpret it as an all-out upward trend.
Since it is judged to be in an upward trend on the 1W chart, what matters now is whether the HA-High indicator on the 1M chart falls and the length of the horizontal line becomes shorter than the HA-Low indicator.
Therefore, from a long-term perspective, the time to buy in earnest is when the HA-High indicator on the 1M chart declines and shows support at the point where it was created.
Looking at the relationship between the HA-Low and HA-High indicators on the 1D chart, it can be interpreted that there is a downward trend because the horizontal line of the falling HA-High indicator is longer than the horizontal line of the HA-Low indicator (HA-Low < HA-High). there is.
Therefore, in order to turn into an uptrend, the HA-High indicator on the 1D chart must be moved and created.
If not, even if it rises above 30215.26, the current HA-High indicator point on the 1D chart, the phenomenon of moving the HA-High indicator by shaking it up and down will eventually appear.
This is a necessary move to sustain the uptrend, as it is inevitable.
This concludes the method of trading using the HA-Low and HA-High indicators that I have been talking about for several months.
Regardless of which indicator is used, the most important thing is how long the movement has been confirmed, so the reliability of the indicator can be obtained.
Therefore, no matter which indicator is used to create a trading strategy, a long period of confirmation work must be done to suit the key interpretation method of that indicator.
-------------------------------------------------- -------------------------------------------
** All descriptions are for reference only and do not guarantee profit or loss in investment.
** Even if you know other people's know-how, it takes a considerable period of time to make it your own.
** This is a chart created with my know-how.
---------------------------------
Traders, welcome.
If you "Follow", you can always get new information quickly.
Please also click "Boost".
Have a good day.
-------------------------------------
(BTCUSD chart)
The HA-Low and HA-High indicators are paired indicators.
When supported by the HA-Low indicator, it corresponds to the time to buy, and when it rises to the vicinity of the HA-High indicator, it corresponds to the time to sell.
This is a basic principle of indicator design.
The HA-Low and HA-High indicators are indicators created for trading, so you can trade based on whether you are supported or resisted by these indicators.
In addition to the basic design mentioned above, support in each indicator, HA-Low and HA-High, corresponds to the time to buy, and resistance corresponds to the time to sell.
The basic design method is less psychologically burdensome, so it is easier than conducting transactions.
When you try to buy because it shows support in the HA-High indicator, it is likely to be a point near the recent high, so you actually have a psychological burden.
Therefore, for mechanical trading, it is best to choose a method of buying when supported near the HA-Low indicator and selling when it rises near the HA-High indicator as the basic design method.
Both HA-Low and HA-High indicators exist on each time frame chart.
Therefore, you can proceed with trading by looking at the time frame chart corresponding to the investment period according to your investment style.
The length of the horizontal line on the HA-Low and HA-High indicators will tell you if the current trend is up or down.
If the horizontal line of the HA-Low indicator is longer than the horizontal line of the HA-High indicator (HA-Low > HA-High), then the trend is likely to be up.
In the opposite case (HA-Low < HA-High ), it is likely to be in a downtrend.
Therefore, if you look at the 1M chart, you can interpret it as an overall downtrend.
On the other hand, if you look at the 1W chart, you can interpret it as an all-out upward trend.
Since it is judged to be in an upward trend on the 1W chart, what matters now is whether the HA-High indicator on the 1M chart falls and the length of the horizontal line becomes shorter than the HA-Low indicator.
Therefore, from a long-term perspective, the time to buy in earnest is when the HA-High indicator on the 1M chart declines and shows support at the point where it was created.
Looking at the relationship between the HA-Low and HA-High indicators on the 1D chart, it can be interpreted that there is a downward trend because the horizontal line of the falling HA-High indicator is longer than the horizontal line of the HA-Low indicator (HA-Low < HA-High). there is.
Therefore, in order to turn into an uptrend, the HA-High indicator on the 1D chart must be moved and created.
If not, even if it rises above 30215.26, the current HA-High indicator point on the 1D chart, the phenomenon of moving the HA-High indicator by shaking it up and down will eventually appear.
This is a necessary move to sustain the uptrend, as it is inevitable.
This concludes the method of trading using the HA-Low and HA-High indicators that I have been talking about for several months.
Regardless of which indicator is used, the most important thing is how long the movement has been confirmed, so the reliability of the indicator can be obtained.
Therefore, no matter which indicator is used to create a trading strategy, a long period of confirmation work must be done to suit the key interpretation method of that indicator.
-------------------------------------------------- -------------------------------------------
** All descriptions are for reference only and do not guarantee profit or loss in investment.
** Even if you know other people's know-how, it takes a considerable period of time to make it your own.
** This is a chart created with my know-how.
---------------------------------
Other content (coins, stocks, etc.) is frequently posted on X.
X에 다른 내용(코인, 주식 등)이 자주 게시됩니다.
X에 다른 내용(코인, 주식 등)이 자주 게시됩니다.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.