bigrediska

Here's my strategy.

NYSE:F   FORD MTR CO DEL
1
When the histogram color is changed to red in combination with the pink candle it means extremely narrow range.
Following this, the expansion of the range usually means the beginning of a relatively long movement. This means that after changing the color histogram to brown, you should open a position in the direction of extension of the range.

Related Ideas

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.