Now think of Candles in terms of waves. If the Weekly Candle (large wave) is Up, and Daily
Multi-Time Frame Analysis
Think of Price Action in terms of waves. There are some waves which are large, and some are small. If a large wave is flowing towards the shore, and a small wave is going away from the shore, what will happen to the small wave when it meets the large
Now think of Candles in terms of waves. If the Weekly Candle (large wave) is Up, and Daily
Vica-versa, when the Weekly Candle is Up, and Daily Candle is Up, then, when the Hourly Candle also goes Up, one may take a
First is the number of trades of the system will reduce. This will mean we are missing certain signals, yes. It will catch lesser number of moves
The other benefit is that this will improve the quality of the signal. If the reward/risk ratios on single time-frame is 1.3 : 1, in a multiple time-frame,
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A thread 🧵
1) Learn Anything - Search tools for knowledge discovery that helps you understand any topic through the most efficient
2) Grad Speeches - Discover the best commencement speeches.
This website is made by me
3) What does the Internet Think - Find out what the internet thinks about anything
4) https://t.co/vuhT6jVItx - Send notes that will self-destruct after being read.