** All indicators are lagging indicators. Therefore, it is important to be aware that the indicator will move accordingly as price and volume move. However, for convenience, we are talking in reverse for the interpretation of the indicator. ** The MRHAB-T indicator used in the chart is an indicator of our channel that has not been released yet. ** The OBV indicator was re-created by applying a formula to the DepthHouse Trading indicator, an indicator disclosed by oh92. (Thanks for this.) ** Support or resistance is based on the closing price of the 1D chart. ** All descriptions are for reference only and do not guarantee a profit or loss in investment.
(Short-term Stop Loss can be said to be a point where profit and loss can be preserved or additional entry can be made through split trading. It is a short-term investment perspective.)
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Comment
** Low, High section indicator using Heikin Ashi **
Trading on the Heikin Ashi chart is not easy.
The reason is that the actual Open and Close are displayed differently.
To secure this, we created a formula to find the low and high areas by applying the buy and sell points together with the RSI formula on the Heikin Ashi chart.
- Interpretation method - If you see support above the low line, you can buy.
A drop below the low line is likely to lead to further declines and a Stop Loss is required.
If support is found above the high line, it is likely to lead to further upside.
Therefore, short-term trading is possible.
However, if it falls below the high line, there is a possibility of a sharp decline, so you need to be careful when trading.
Starting tomorrow, the BTC chart will be included in the MRHAB-T indicator.
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