How can I use TradingView to track session breaks in cryptocurrency trading?
tacotruck49Dec 26, 2021 · 3 years ago3 answers
I'm new to cryptocurrency trading and I've heard about session breaks. Can someone explain what session breaks are in cryptocurrency trading and how I can use TradingView to track them?
3 answers
- Dec 26, 2021 · 3 years agoSession breaks in cryptocurrency trading refer to the periods of time when trading activity pauses or slows down. These breaks are usually scheduled and can occur daily, weekly, or monthly. They are important because they can affect market volatility and liquidity. To track session breaks using TradingView, you can use the built-in session breaks indicator. Simply add the indicator to your chart and customize it according to your preferred session breaks. This will help you identify when trading activity is likely to slow down or pause, allowing you to make informed trading decisions.
- Dec 26, 2021 · 3 years agoSession breaks in cryptocurrency trading are like intermissions during a movie. They give traders a chance to take a breather and analyze the market before the next trading session begins. To track session breaks using TradingView, you can add horizontal lines to your chart to mark the start and end of each session break. This will help you visually identify when the market is in a session break period. Additionally, you can set up alerts in TradingView to notify you when a session break is about to start or end, so you can be prepared.
- Dec 26, 2021 · 3 years agoUsing TradingView to track session breaks in cryptocurrency trading is a breeze. TradingView offers a variety of tools and indicators that can help you stay on top of session breaks. One popular method is to use TradingView's built-in session breaks indicator. This indicator allows you to easily visualize session breaks on your chart, making it easier to identify when trading activity is likely to slow down or pause. Another option is to create custom alerts in TradingView that notify you when a session break is about to start or end. This way, you can be ready to take advantage of potential trading opportunities.
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