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CoffeeshopCrypto
Jan 27, 2023 1:14 AM

Cant wait for price to stop ranging? Do this Education

AUD/JPYOANDA

Description

First of all you are going to need this indicator
Its the Heiken Ashi Algo Oscillator. Click the image below
https://www.tradingview.com/script/rAVwAuVi-Bull-Bear-Power-Void/

There are times when price is ranging. When this happens you simply need to see what is the channel where the RSI values are hitting and you want to know WHEN is the RSI breaking out of that channel
In this oscillator the HIGH and LOW part of the RSI Range is the +10 and -10
If price is ranging in between as it is consolidating you dont want to sit there for several hours.

So in this video you can see how to set an alert telling you when the RSI breaks out of the RANGE.
This way, once the alert is set, you can go live life.........

See you next time at the CoffeeShop
Comments
matbar42
is it maybe some strategy that we do not have wait for ha to break 10 or -10 . in many cases with me is the big move over when cross of this happen? or do i have something wrong as a setup? thx u the best!
panda30087
Great video. Thanks
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