How to use Multiple Time Frames to Trade

So far we have established that the higher time frame is used to find S/R and that the higher the time frame the stronger the S/R.
The lower time frame confirms what we see in the higher and strengthens its potential to continue.

We know that the scale or distance from one time frame to the next needs to be sufficiently far apart to be useful and that so far the consensus is about 5 example: 1min & 5min or 5min & 30min although different variations can't be ruled out example: 1min & 3min

Other thoughts about ways of using multiple time frames and how to apply them would be great, don't be afraid to throw something in here, even if it is a little crazy. How do they help you in your quest???

Thanks for all your input
Bill
 
Originally posted by Bob111
as my friend told me about couple days ago, different time frames have to be x5
example if you use 2 moving averages it must look like this: min to 5 min, 5 min to 30 min and so on. i'm not a expert in TA just trying to help
Thank you!
More...
Nearly all questions of MA length are best talked about in the Frequency Domain.

A good thing for you to study is what kind of a filter a moving average is, what is it's expected lag, why is it's weighting the way it is, etc, etc.

Otherwise, you end up throwing a lot of different MA's at price bars and never really understand what it's strengths and weaknesess are.

nitro
 
I thought this thread would be huge, does everyone already know everything about trading in multiple time frames or was this discussed before and I just am searching for the wrong thing or what. People mention it all the time but don't usually explain what they mean.

Just trying to keep this thread going, I know this will be good if enough people will jump in a throw some wisdom out there about how they are trading in multiple time frames.

Thanks
Bill
 
[30] Personal favorite is 30 minute with discretion,NASDAQ or NYSE.:cool: Watch the bid price also.

[10] Alan Farley,J W kirkland [Echo trade ]also likes 10 minute charts.Use almost all time frames before entering day trade or swing trading this week.Dont use 1 minute myself,much ;it's what Joshua Lukeman,market maker called noise. 5 minute for entry,exit with discretion.[Times are approximate]

[#1]Most helpful is how market maker Joshua Lukeman uses them. He rightly named his book ''The market Makers Edge''

__________________________

''Write down what you learned'' M. Masters-Jack Schwager-top trader-Marlin Fund





:cool: :cool: :cool:
 
Originally posted by murray t turtle
[30] Personal favorite is 30 minute with discretion,NASDAQ or NYSE.:cool: Watch the bid price also.

[10] Alan Farley,J W kirkland [Echo trade ]also likes 10 minute charts.Use almost all time frames before entering day trade or swing trading this week.Dont use 1 minute myself,much ;it's what Joshua Lukeman,market maker called noise. 5 minute for entry,exit with discretion.[Times are approximate]

[#1]Most helpful is how market maker Joshua Lukeman uses them. He rightly named his book ''The market Makers Edge''
More...

Thanks for the leads
Bill
 
rtharp
darkhorse
metooxx
Seanote
candletrader
Babak
nitro
ArchAngel
And many others who have been around a while

If you have already responded I am thankful

I was hoping maybe you guys could throw in some tidbits of wisdom on how to trade with multiple time frames, what are you looking for in the higher or lower frames to confirm and how are you using them for entry & exit etc....???

Thanks
Bill
 
I've found that you can achieve substantially the same results simply adjusting your parameters on the time frame you trade.

(too) simple long example: say you consider 10 bar ma as your trend indicator. If you trade on say 5 min bars and consider 15 min bars your "higher" time frame. Common "wisdom" is that the trend has to be up on the higher timeframe. Why not just use a 30 bar MA on the 5 min chart, and you've achieved virtually identical results?

Support/Resistance generally are as visible on 5 min as on the 15 mins.

I consider a daily chart with trend etc. very valuable, independently of the intraday time frame I'm trading. Hope this was helpful.
 
You may get many signals in the short time frame and only a few in the longer times. So when both the shorter and longer times are alligned, like when planets moving at different speeds allign, I think it is a more powerful signal.

The big question is, do longer time frames affect shorter ones? I guess they must. Nothing worse than going long on the short time when you know the long term is down. You have to keep looking up to make sure a grand piano or something isn't falling out of the sky on you.
 
Originally posted by vikana
I've found that you can achieve substantially the same results simply adjusting your parameters on the time frame you trade.

(too) simple long example: say you consider 10 bar ma as your trend indicator. If you trade on say 5 min bars and consider 15 min bars your "higher" time frame. Common "wisdom" is that the trend has to be up on the higher timeframe. Why not just use a 30 bar MA on the 5 min chart, and you've achieved virtually identical results?

Support/Resistance generally are as visible on 5 min as on the 15 mins.

I consider a daily chart with trend etc. very valuable, independently of the intraday time frame I'm trading. Hope this was helpful.
More...

That's a good idea, it would allow me to keep the # of charts open to a minimum, I'll check to see what differences there would be but it sounds like they would be minimal

Thanks
Bill
 
Originally posted by profitseer
You may get many signals in the short time frame and only a few in the longer times. So when both the shorter and longer times are alligned, like when planets moving at different speeds allign, I think it is a more powerful signal.

The big question is, do longer time frames affect shorter ones? I guess they must. Nothing worse than going long on the short time when you know the long term is down. You have to keep looking up to make sure a grand piano or something isn't falling out of the sky on you.
More...

So if the signals are divergent, look out above!!!

Thanks
Bill
 
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