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How to interpret charts from indicators (trading strategy)

INDEX:BTCUSD   Bitcoin
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Please understand that the 'Vol & Trend' and 'Strength' sub-indicators are a synthesis of existing indicators, and cannot be disclosed because they have been judged to be unsuitable for publishing as public scripts.

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It is not easy to see and interpret all the indicators displayed on the chart.

Therefore, it should be viewed and interpreted as the most critical interpretation method.


The first thing to look at is the position of the MS-Signal (M-Signal on the 1D chart), HA-Low, HA-High, M-Signal indicators on the 1W and 1M charts.

The most important of these is the location of the MS-Signal (M-Signal on the 1D chart) indicator and price.

The price is currently located below the MS-Signal indicator, indicating a downtrend.

To add one more thing to this, you can also check the relationship with the M-Signal indicator on the 1W and 1M charts.

Since the price is located below the M-Signal indicator on the 1W chart and 1M chart, it can be interpreted as a downtrend from a mid- to long-term perspective.

Therefore, you can see that the chart as a whole is starting to enter a downtrend.


In order to trade in this situation, you need to check the location of the HA-Low and HA-High indicators.

Currently, the HA-Low indicator is rising and is about to be created.

Therefore, if today's candlestick closes around now, we would expect the HA-Low indicator to form at 21552.44.

Therefore, it becomes important whether it can rise above 21552.44.

Since the M-Signal indicator on the 1W chart is passing around 21552.44, whether it can rise above 21552.44 has become an important question.

If the HA-Low indicator is created at 21552.44 and fails to rise above 21552.44, there is a possibility of renewing the previous low, so you need to think about countermeasures.

If support is received at the 21552.44 point, it is likely to touch the vicinity of the MS-signal (M-Signal on the 1D chart) indicator.

At this time, if you succeed in breaking through the MS-signal (M-Signal on the 1D chart) indicator, the possibility of rising to the vicinity of the HA-High indicator increases.


When the candle is formed today, the body of Heikin Ashi is showing a bullish sign.

Therefore, even if the price fails to rise, if the price remains above the Heikin Ashi body, it can be interpreted that there is a high probability of a rise around 21552.44.

At this time, you need to check whether it is supported or resisted at the point 21552.44.


As such, indicators on price charts represent trends and support and resistance roles, making it the most intuitive way to anticipate future movements.


To support this, 'Vol & Trend' and 'Strength' auxiliary indicators are utilized.

This auxiliary indicator strengthens the interpretation of the price chart indicators by providing additional evidence when the movements of the price chart indicators are judged ambiguous.


The 'Vol & Trend' sub-indicator is an indicator related to trading volume.

Therefore, you can check the buy strength and sell strength according to the movement of trading volume.

You can also check whether the volume is trending up or down.


The 'Strength' sub-indicator consists of the Stoch, StochRSI, RSI and CCI indicators.

The most important of these are the StochRSI indicator and the RSI indicator.


The RSI indicator is an indicator that is related to the HA-Low and HA-High indicators.

Therefore, it is not directly interpretable.

However, it is paired with the Stoch indicator and used as a basis for determining an upward trend or a downward trend.

It is currently looking to switch from a downtrend to an uptrend.


The StochRSI indicator is used to predict periods of volatility.

In addition, it is used as a basis for determining whether the trend will change to an uptrend or a downtrend in the future due to the change in the wave.

The current downtrend has turned to an uptrend, and it appears to be coming out of the oversold zone.


The CCI indicator is used as a basis for judging whether there is an upward trend or a downward trend.

However, it shows a trend that is more than short-term.


All of these indicators are scored as uptrend, stationary, and downtrend to make an overall judgment.

'Vol & Trend' indicator
Stationary : 1
Downtrend: 1

'Strength' indicator
Uptrend: 1
Matching: 2
Downtrend: 1


It is a situation where the basis for judgment of the sub-indicators is not needed, as all indicators that are near the current price chart are located below the price.

If it starts to show stationary or sideways movements near the price chart, then with the help of the indicators, you will be able to use it as a basis for judgment.


Someone said it's a chart with all the indicators, yes, that's right.

However, it is not always possible to see all indicators.

You only need to report it when necessary and use it as a basis for judgment.


We do not think of additional interpretation methods for each indicator other than the interpretation methods described above.

You should pay attention to this.


By combining support and resistance points here, you can create a trading strategy.

No matter how you analyze the chart, analysis ends its role with analysis.

To trade, you need to create a trading strategy based on chart analysis and correlation with support and resistance points so you can start trading.

However, when it comes to most chart analysis, there is a tendency to ignore trading strategies.

If you ignore your trading strategy, you will most likely not be able to find the right way to respond if the movement comes out in the opposite direction you thought.

Therefore, both chart analysis and trading strategy are important, but you need to do chart analysis to create a trading strategy.

If you forget about this and invest all your time and effort into chart analysis, you will end up with a higher chance of failing trades when you run out of time to craft your trading strategy right.

Therefore, chart analysis should be completed in the quickest way to give you plenty of time to create your trading strategy.

To do so, it is urgently necessary to make efforts to predict movements beyond the current one, rather than looking at the charts based on past movements and past patterns.

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** 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.

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(The key is whether the four-year cycle pattern can be continued)
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(4년 주기 패턴을 이어질 수 있는지가 관건)
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