Hello Friends,
Newbie here,
Was wondering if one can take heikin ashi colour of higher time frame to choose the direction of the trade in lower time frame. How is the idea?
For example, if Weekly chart is red, on the daily the direction is down. If Weekly chart is green, on the daily the direction is up.
There will always be a colour for higher time frame heikin ashi.
Regards,
Recursive
Newbie here,
Was wondering if one can take heikin ashi colour of higher time frame to choose the direction of the trade in lower time frame. How is the idea?
For example, if Weekly chart is red, on the daily the direction is down. If Weekly chart is green, on the daily the direction is up.
There will always be a colour for higher time frame heikin ashi.
Regards,
Recursive