The support forum is built with (1) General and FAQ forums for common trading queries received from aspiring and experienced traders, and (2) forums for course video topics. How to Trade Price Action and How to Trade Forex Price Action videos are consolidated into common forums.
Brooks Trading Course social media communities
Since crypto market is open all the time, are any of you crypto traders here use "open" and "close" of the day in crypto? Since I read somewhere that open and close is at 12pm UTC.
Many institutions use the daily OHLC (open high low close) values from Coinbase exchange, so do not hesitate to use the exchange's timezone.
If you trade exclusively Bitcoin, nowadays you can use the daily OHLC values from the IBIT (Blackrock/ishares Bitcoin ETF).
Josep
How should I set it up. On tradingview for example, what timeframe to use or where should I see that data?
To set up, go to the Symbol Search panel (see attached image). Then from the "All Sources" tab, select "Coinbase".
It will be returned a list of all the cryptos listed in Coinbase exchange.
Regarding the timeframe, it is no different than any other underlying. If you are a Day Trader you will like to pay close attention mostly to the prior day's OHLC values.
Josep
Thank you for help!
You are welcome!