Trading Framework Based on HA-Low & HA-High IndicatorsBitcoin / TetherUSBINANCE:BTCUSDTreadCrypto Hello? Nice to meet you, fellow traders. If you "follow" me, you can always get new information quickly. Have a great day. ------------------------------------ To trade, we create a response strategy that suits our investment style and proceed with trading accordingly. At this stage, the key factors are the investment period, investment weight, trading method, and profit realization method. The investment period and weight can be considered the stage of establishing a comprehensive trading strategy before actually executing a trade. Actual trading must take place within this comprehensive strategy. If you need to change your comprehensive trading strategy, there must be a significant and clear reason to maintain the trade. Otherwise, you must close the trade, formulate a new strategy, and proceed with trading again. In other words, if the price remains higher than your target point, you can transition to a medium-to-long-term strategy even if your investment period is short-term. In such cases, you can modify your comprehensive trading strategy. You will find yourself deliberating deeply on where and how to initiate a trade. Overthinking can lead to missing the optimal timing to start, while starting too hastily can result in difficulties. Therefore, the more you trade, the more you agonize over where to begin. The HA-Low and HA-High indicators were created to address this issue to some extent. The HA-Low indicator is designed to mark low points by combining the pattern of an upward reversal on the Heikin Ashi chart with specific conditions. Since Heikin Ashi candles are composed of average values, the HA-Low and HA-High indicators can be said to represent average values as well. Therefore, the occurrence of the HA-Low indicator does not necessarily mean that point is the low point. You should recognize this as the median or average value of the low point range and focus on identifying the optimal trading timing by confirming support levels. Consequently, the concern regarding where to initiate a trade can be considered somewhat resolved. However, the price may fall from the HA-Low indicator, which can result in a stepwise downtrend. If this stepwise downtrend continues, you will repeatedly encounter the HA-Low indicator. Whenever you encounter the HA-Low indicator in this manner, you must confirm support levels and focus on finding the optimal trading timing based on those support levels. This is because a stepwise downtrend will eventually form a bottom and transition into an upward trend. Looking at this chart, the HA-Low indicator is showing a stepwise downtrend. To break out of this stepwise downtrend, the price must rise above the previous HA-Low indicator level. In that sense, it must eventually rise above 67,720.67. Therefore, we can see that there are buying opportunities across the 1st to 3rd levels: 1st: 59,981.47 2nd: 62,793.20 3rd: 67,720.67 Consequently, we must verify support levels around the 1st to 3rd levels mentioned above. If the price meets the HA-Low indicator, rises, and meets the HA-High indicator, it should be considered that the upward wave has been reset. Conversely, if the price falls from the HA-High indicator and meets the HA-Low indicator, it should be considered that the downward wave has been reset. Therefore, buying near the HA-Low indicator completes the basic trading strategy of selling near the HA-High indicator. The decision of whether to sell 100% or partially depends on your own investment style. One thing to keep in mind is that when the price rises from the HA-Low indicator and meets the HA-High indicator, you must not do nothing and allow it to meet the HA-Low indicator again. The reason for this is, as mentioned earlier, that the upward wave has been reset. The DOM(-60) indicator indicates a low point, and the DOM(60) indicator indicates a high point. Looking at the chart above, the last DOM(-60) indicator is displayed at 70580.26, and the first DOM(60) indicator is displayed at 73909.36. Therefore, if the price starts to rise from 67,720.67, it is highly likely that volatility will first occur around the 70,580.26 to 73,909.36 range. Whether you can withstand this volatility or not is likely to result in a difference in profits. Furthermore, since there is a possibility that the price could turn into a loss if it fails to break out of this volatility zone and falls, how you overcome this is crucial. What I am trying to say is actually simple. You must establish trading criteria that suit your investment style and proceed with trading based on these criteria. These criteria ultimately correspond to the support and resistance points established on the 1M, 1W, and 1D charts. My criteria are clear and definite. - Thank you for reading to the end. I wish you successful trading. --------------------------------------------------