Yes I think multiple timeframes area must. I have been working on them for or 10 years getting different combinations based on different ideas- using EOD. This has taken up most of my time as a priority and successful trading has not resulted to my liking.
Only this month I subscribed to intraday data for my charting package. So I would be using the 6hours/360 minute as the standard reference, then multiple timeframes. eg set up 4 bollinger band charts with different timeframes based on 360 minutes reference as the basics. Then half the ma's.
Four 10min charts with 2days is 72 ma Bollinger bands, 1 day is 36ma, 1/2 day is 18ma and 1/4 day is 9ma.
Four 5min charts with with 1days is 72 ma Bollinger bands, 1/2 day is 36ma, 1/4 day is 18ma and 1/8 day is 9ma.
Seems to make more sense to me that way than use 2 5 15 20 minutes with the same Bollinger band ma.
I guess u dont use Bollinger bands. My system is based on them.
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