Indicator link: https://www.coffeeshopcrypto.net/index.php/heiken-ashi-algo-v6-freeThis video is the full detail on how to use the liquidity ribbon of the He...
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CSCFoundationMy question (hope im not alone) But is all this called analyzing the chart 1st? and if so arent we suppose to analyze on a Higher time frame then...My question (hope im not alone) But is all this called analyzing the chart 1st? and if so arent we suppose to analyze on a Higher time frame then drop down then take the moves? I say this because this video looks to be on a 5 min chart and going for trades with the ribbon. Im noticing that each time frame makes a big difference in a trade. Show more1 year ago
CoffeeShopCryptothis analytical process can be done on any timeframe. THere is no "supposed to" when it comes to trading other than making good choices. If you are...this analytical process can be done on any timeframe. THere is no "supposed to" when it comes to trading other than making good choices. If you are going with a "Top down analysis" as you are talking about here, then yes, you use the outlines i discussed in the video on a higher timeframe. When you see proper movement in the market and the ribbon is telling you some type of confluence, you go to a lower timeframe, use the same theoretical confluences in the Algo and you just look backwards for when the move started. You can also use these outlines when you want to find support and resistance breaks in the past to compare where current price action is as well.Show more1 year ago