Question - Forex Forexqna Indicator

Best way to use multi timeframe trend indicator?

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2 Answers
Alberto Rama
Answered 9 months, 1 week ago
<p id="isPasted">First, you need to be clear about what you are specifically looking for in your higher timeframe.&nbsp;</p><p>Here, traders can choose from a variety of different higher timeframe "cues" (or so-called&nbsp;confluence factors). Depending on your preferred chart analysis approach, you can choose the right signals for your own multi-timeframe strategy.</p><p>In the following, I list a few confluence factors that are typical for a higher timeframe approach:</p><p>&nbsp;</p><p>#1 Levels - Breakout</p><p>One of the most commonly used higher timeframe concepts is one of&nbsp;support and resistance levels. Traders who make use of support and resistance levels on the higher timeframe …</p>
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Ira Ford
Answered 1 week, 4 days ago
<p>Generally, I use a Daily, 30 minute, 5 minute, and 1 minute. The use of daily is for my long term bias. If I have to look beyond a few months of data I glance at a weekly. The 30 minute is where my actual trade idea is formed and I'm annotating most of my key levels. Then when I actually trade intraday I watch the 5 minute chart for a trade to setup. When I see one setting up, I zoom into the 1 minute to get a better precise entry.</p>
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