How to Use Multi-Timeframe Analysis and What It MeansIn this video tutorial, our team based out of New York City walks you through multi-timeframe analysis including what it means and how it works. Multi-timeframe analysis (MTF) is a process in which traders can view multiple timeframes at once on a single chart. For example, if you're looking at a 30-minute chart you can quickly add a daily Moving Average and weekly Bollinger Bands. Multi-timeframe analysis is the process of looking at multiple timeframes at once and using them to make better decisions when trading or investing.
Getting started with multi-timeframe analysis on TradingView is easy:
Step 1 - Add an indicator to your chart
Step 2 - Open the indicator's settings and find the Resolution parameter in Inputs
Step 3 - Adjust the resolution to the timeframe of your liking
This process works for most of the built-in indicators on TradingView. You can have several timeframes visible at once so you always know the most important price levels. MTF works by the minute, hour, day, week and month.
In addition, Pine coders can use the same `resolution` parameter we use in our built-in indicators in their own scripts. By simply adding it to a script’s `study` declaration statement, coders now have an easy way to add MTF functionality to scripts and let users decide the timeframe they want the indicator to run on.
We hope you enjoy this video tutorial and please press like if you find it helpful. If you're already an expert at multi-timeframe analysis, please leave some tips and educational lessons in the comments so others can learn from you.
Additional reading:
A New ‘Resolution’ Parameter Makes Multi-Timeframe Analysis Easy (TradingView blog)
Learn more about multi-timeframe analysis from other traders
Explore the public library for scripts using multi-timeframe analysis
Timeframe
EUR/USD Short Term Trade IdeaI'm continuing to look at areas between the 1.1700 and 1.1900 zones for support and resistance until a break of these levels occurs. Recently I have been using hedging technique more often with really good results, this way I can decide on my overall bias and let the market come to me in either direction. From a fundamental perspective, pretty much more of the same with the US government stuck in a dispute about stimulus, so I believe overall market sentiment will provide guidance especially with a light calendar this coming week. With that being said, this is just my own thesis, I'm still bullish on the EUR for now.
DFT weekly mapping - Long term trend Weekly mapping of the price, we map, not predict in Multi UT analysis ;)
Some rules to understand the form of the strategy: (Can answer to your question about the content of DFT strategy :) )
- shade of red trends = primary (the black one are secondary trends)
- Redish trends is primary as medium investors are arbitring short/long term investors decisions.
Div: Trend vs demand/supply
-Ascending trends with red cloud is most likely tested twice before break up.
-Descending trends with green cloud is most likely tested twice before break up.
Conv: Trend vs demand/supply
-Ascending trends with green cloud doesn't need retest to break up.
-Descending trends with red cloud doesn't need retest to break down.
red cloud = supply area
green cloud = demand area
EURUSD 1.17832 - 0.78% LONG * TREND CONTINUATION IDEA Good Day Everyone
A look at the EURUSD pair from multiple time-frames.
* MONTHLY & WEEKLY
> Since from both this time-frames the sentiment is more or less the same will draft them out combined * The EURO gained momentum against the DOLLAR in the last weeks hitting HH, TILL WE SAW A BREAK ABOVE THE DESCENDING CHANNEL pushed up and came down to retest structure on both time-frames.
The pair retested structure and the 38.2 % Fibonacci level whereby it was rejected looking for a continuation to the upside or rather from a technical perspective on both time frames we are NET LONG ON THE PAIR.
> unless this is a fake out and we see significant moves to the down side and structure holds the trading plan stands.
* DAILY
> We have the 1234 move confirming that we are now in an uptrend so we could possibly see a retracement before we continue to the upside and when we come down to the daily time-frame this move is confirmed as we closed with a big bearish candle possibly signalling this move then possibly seeing a continuation to the upside . looking for confirmations to go long on the pair or rather continuation of this uptrend so lets see how it goes..
GOOD LUCK AND HAPPY TRADING EVERYONE
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ENTRY & SL - FOLLOW YOUR RULES ON PENDING ODER & SO FORTH
RISK-MANAGEMENT
PERIOD - SWING TRADE
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If this idea helps with your trading plan kindly leave a like definitely appreciate it.
* THE IDEA IS PREDICTIVE BASED ON TECHNICAL ANALYSIS MANY FACTORS GO INTO EXECUTING TRADES KINDLY TAKE CAUTION.
Nice Potential buy setup for Usd/Cad!!!Hello Guys, This is a quick break down of the pair and my perspective on the market, let me know in the comment section below if you have any questions, what you would like to learn from me, or anything of value that you wanna share,All entry will be based on multiple confirmation as stated on the videos, I suggest you keep this pair on your watchlist & use proper risk management.
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Market outlook for GBP/JPY is still Long!! ( buy setup!!)Hello Guys, This is a quick break down of the pair and my perspective on the market, let me know in the comment section below if you have any questions, what you would like to learn from me, or anything of value that you wanna share,All entry will be based on multiple confirmation as stated on the videos, I suggest you keep this pair on your watchlist & use proper risk management.
Follow me for more updates here!!
#US30 #Dowjones Moved To Our Levels But ...? Top Down AnalysisTraders, US30 moved exactly to the levels that we expected last week. Now it is between 2 important levels. It may perform a retest before moving higher. The higher level is crucial because if that s broken then, we are looking as a huge breakout to the upside. Lets see in this multi time frame analysis.
If you found this idea useful, hit the like button and subscribe. If you have your own ideas to share on this market or have a question, comment below so that we can discuss.
Disclaimer:
The content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of education only. Not a financial advice or signal. Please make your own independent investment decisions.
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clear bullish trend (Gold)my alert set XAUUSD Crossing into respected fib gold zone wait for confluencing signals to go long with bullish trend ,2030.536
you could go for a quit short scalp but ill wait for the bigger gains. my entry is based off the fib gold zone and timeframe confluences as long as you manage risk your in profit <3
US500 Short- Long termPrice providedA swing high, which created the A/B boundary. Then price gave a shallow 23.6 retracement. With the shallow retracement, price will heads to the -.18/-.27 extension before falling sharply to at least the daily 38.2 Fib level, with a strong possibility of retreating the March lows. This will be dependent on, fundamentals as well.
1. Possible Stimulus Package
2. Covid Cases continuing to rise
3. The possibility of a postponement of the election
Tempo-X: 8/3 Weekly Financial Forecast (Last Week Review)Financial market has its own law, this law is not to the will of the people to transfer!
Everything is controlled by the laws of nature. Even the capricious financial market only changes within a limited scope. If you can realize the insignificance of human beings in front of nature, you can feel the magic of nature!
Forget all the trading techniques for a moment, and make our trading a little easier. In fact, you only need to memorize a few Numbers every day to happily follow the market
What is Tempo-X?
It tells you where the market is going right now
It can tell you how long the current trend will continue
Does it tell you when is the best entry point
It tells you what's the best time to get out
It tells you how the market will go up and down over time
It can be used for most mainstream trades
This is Tempo-X !
Instructions for use:
1. The yellow line is based on the forecast turning time, according to the actual direction of the market, the forecast turning time points linked together the trend
2. The transition time must be converted according to the time zone of the trading software. The time used in the figure above is UTC time zone
3. The Numbers in the chart (blue bars) are the predicted turning points of the week
4. Most transitions occur within plus or minus 2 hours of the predicted time
5. If the force of the current trend is strong, the transition may be delayed; if the force of the opposite direction is strong, the transition may occur earlier
6. The normal rhythm of the market is the alternations of highs and lows at turning points. However, sometimes the rhythm of the market will break, with highs turning into lows and lows turning into highs, which means that the rhythm of the market has reversed, and after the reversal, the rhythm will continue to run according to the alternations until the next reversal
7. The above is only the basic usage, if we master more skills, we will be able to obtain more valuable information in advance, perhaps we can explain it further in the future
How to verify?
Once you've mastered the basics, it's easy to feed you the future tempo-x (the vertical bar in the picture) in advance, and you can dance to the rhythm of the market
What is the effect of tempo-x?
1. Be able to grasp the operation rhythm of the market, which is of great significance to judge the time of turning and the duration of trend
2. Build a new standard with time as the core and develop a new trading strategy with various technologies and indicators
Review the one-week Financial Forecast made on 7/27:
As usual, most of the stocks we track move in Tempo to tempo-x, and the only one worth mentioning is the DOLLAR index, which fell in the 7/30 session across three time ranges, due to super-strong bear forces, which are relatively rare and generally more across two.
Below selected a few representative varieties to show the trend of last week, detailed information can refer to our previous article, thank you
If you have any questions, please leave a message, like friends thumb up and attention, thank you
We are interdisciplinary research financial market explorers, welcome to enter a new world!
NULSUSDT ❌ Nuls Proof of Bullish Reversal?...if Support is Held💬 The NULS + Nerve Network and Bitcoin staking services news is almost as bullish as the potential bullish reversal we are seeing on NULS's chart. Let's take a look at some different timeframes to see what NULS is up to.
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Hourly Support:
S1: The S1 S/R flip has already acted as support, ideally once is enough and we start a move up from here. With that in mind, it may see a reaction again if retested so its worth having on the radar for that. Mostly though, this level is notable in being a key level to hold as you'll see as we move along with the analysis.
S2: S2 S/R flip is a likely support if the current move ends up being one of bearish continuation as shown by the downward ABC line. A move like that would show weakness in the higher timeframe market structure, so although the support is relevant, this sort of price structure is something to be cautious of.
Hourly Resistance:
R1: The R1 S/R flip will either act as resistance, bringing us downward, or as support if price can move above it. The bulls want to see it act as support as shown by the upward sloping "bullish reversal move" ABC line.
R2: The R2 S/R flip is where we expect a bullish reversal move to find resistance and reach a decision point.
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4 hour USDT:
The major price pivot point shown here is the level that the bulls must hold. If the bulls hold here, NULs has a long way to run. If the bulls can't hold, NULS shows real weakness. This is why we don't want a retest of S2 on the hourly, it jeopardizes this level.
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4 hour BTC:
4h BTC Support:
S1: The S1 orderblock lines up nicely with the USDT's S1. This makes this support even stronger and more ideal to hold.
S2: Again, we have an S2 support that could work like we explained with the USDT hourly S2, but retesting it isn't ideal (unless it is retested by BTC rapidly outpacing NULS... although that itself isn't the ideal for NULs bulls).
4h BTC Resistance:
R1: The R1 orderblock is the first point of resistance for BTC. Keep this one in mind if we do get a run.
R2: The same logic as R1, the R2 S/R flip will be a key resistance if and when it is tested.
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Summary:
NULS bulls want to see S1 hold. This is a rather important support to stay above, thus the clearest path is a bullish continuation from here as a show of strength. Although there is some local resistance, higher-timeframe resistance Is a good ways off. So if NULs can move here, it has a good amount of uptrend potential.
Resources:
www.businesswire.com
✨ Drop a comment asking for an update, we do NEW setups every day! ✨
$OLLI Long over 105 Multi-year break out!Ollie’s Bargain Outlet Holdings, Inc. Provides Second Quarter Outlook
Ollie's Bargain Outlet Holdings Inc :
• OLLIE’S BARGAIN OUTLET HOLDINGS, INC. PROVIDES SECOND QUARTER OUTLOOK
• OLLIE'S BARGAIN OUTLET HOLDINGS INC - FOR Q2 OF FISCAL 2020 EXPECTS TOTAL NET SALES OF ABOUT $515 MILLION
• OLLIE'S BARGAIN OUTLET HOLDINGS INC - FOR Q2 OF FISCAL 2020 EXPECTS COMPARABLE STORE SALES GROWTH OF ABOUT 40%
• OLLIE'S BARGAIN OUTLET HOLDINGS INC - FOR Q2 OF FISCAL 2020 EXPECTS GROSS MARGIN OF APPROXIMATELY 39%
Ollie's Bargain Outlet sees Q2 revs above consensus
Co issues upside guidance for Q2 (Jul), sees Q2 (Jul) revs of ~$515 mln vs. $388.35 mln S&P Capital IQ Consensus.
Other Q2 Guidance:
Comparable store sales growth of approximately 40%;
Gross margin of approximately 39%, returning to historical second quarter levels;
Operating margin1 of approximately 16%
"The robust comparable store sales growth has decelerated in recent weeks, tracking in the positive mid-teens, and we expect growth to continue to moderate in the third and fourth quarters."
USDCAD 1.35905 - 0.04 % SHORT IDEA Good Day Everyone
Here's a look at the USDCAD pair, another rejection at Fibonacci level 61.6 % this is a very strong level as its seen many touches on the pair, the pair is currently rallying downward as we so a bearish close for the week with a significant bearish candle, looking for continuation of this move to the downside.
this move failed on a previous idea attached in which the pair was stopped out as the dollar gained strength in the previous week and the pair closed above the 200 MA as well, so will be looking for significant moves and signals pointing to a bearish continuation on the pair otherwise the trading plan will change as we react to the DOLLAR'S momentum against the CAD .. lets see how it goes
Good luck and happy trading everyone
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ENTRY & SL - FOLLOW YOUR RULES
RISK-MANAGEMENT
PERIOD - SWING TRADE
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If you like the idea kindly leave a like and a follow will definitely follow back and leave your idea & Comment on the pair in the comment section. APPRECIATE IT
AUDUSD 0.69427 +0.3% LONG IDEAGood Day Everyone
A look at the AUDUSD pair from multiple time frames
MONTHLY
* Starting from the monthly we've been respecting a descending channel we are in a strong bullish momentum as the AUD regains streght agaisnt the DOLLAR looking for a push up to retest structure so the sentiment from the monthly us bullish on the pair.
WEEKLY
* Moving down to the weekly the sentiment is still the same, still within that descending channel structure but the picture becomes clearer as we can now determine we are trading in a pennant formation which could be signalling continuation to the upside so we are still NET long from both time-frame lets see the daily.
DAILY
* On the daily the chart has pretty much respected the Fibonacci retracement levels and we are about to break out of the pennant a break above this structure will be the signal to enter long on the pair looking for continuation to the upside.
Good luck and happy trading everyone
_________________________________________________________________________________________________________________________
ENTRY & SL - FOLLOW YOUR RULES
RISK-MANAGEMENT
PERIOD - SWING TRADE
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If you like the idea kindly leave a like and a follow will definitely follow back and leave your idea & Comment on the pair in the comment section. APPRECIATE IT
USDCAD 1.35454 - O.13% SHORT IDEAGood Day Everyone
A look at the USDCAD pair from mutiple timeframes
MONTHLY
* on the monthly chart we are still trading inside that ARC formation respecting it to the T,we are within a ascending channel as we saw the CAD gaining against the DOLLAR pushing down. seems like the bears a re still in control on the pair the sentiment is that we are bearish on the pair from the monthly perspective.
WEEKLY
* on the weekly we closed the week with a full bearish possibly signalling continuation to the downside from resistance level 1.36630, momentum is pushing to the downside on closing this past week looking for continuation to the down side on the pair.
DAILY
*on the daily we see the pair respecting the fibonacci retracement structure to an extent, we just pushed below the 50 % fibonnacci level looking for the move to continue.
the signal to go short on the pairwould be if we trade below that previos swing low and if we see significant moves and gains in momentum to the downside.
Good luck and happy trading everyone
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ENTRY & SL - FOLLOW YOUR RULES
RISK-MANAGEMENT
PERIOD - SWING TRADE
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If you like the idea kindly leave a like and a follow will definitely follow back and leave your idea & Comment on the pair in the comment section. APPRECIATE IT
GBPJPY 134.169 + 0.11% LONG IDEAGood Day Everyone
Here's a look at the GBPJPY pair on multiple time-frames
MONTHLY
> Starting on the monthly we are still respecting the descending triangle pattern we saw a rejection on the top of this structure pushed down to the base of the structure and now we see a build up with the bulls pushing the pair up, overall sentiment on the monthly is bullish.
WEEKLY
> As we move down to the weekly the sentiment is still the same as we see a build up with the bulls strength on close of the week. still respecting the descending channel looking for gains on the pair from a weekly perspective.
DAILY
> Moving to the daily the pair respecting the Fibonacci retracement structure recently we just saw a rejection on the 38.2% fib retracement level pushed up to retest the 50 % fib level retracement, looking for a push up to level 61.8% Fibonacci level even though its a stretch but lets see how it goes
overall the sentiment is that we are bullish on the pair so looking for long on the pair.
Good luck and happy trading everyone
_________________________________________________________________________________________________________________________
ENTRY & SL - FOLLOW YOUR RULES
RISK-MANAGEMENT
PERIOD - SWING TRADE
__________________________________________________________________________________________________________________________
If you like the idea kindly leave a like and a follow will definitely follow back and leave your idea & Comment on the pair in the comment section. APPRECIATE IT
USDJPY 107.486 -0.01% LONG IDEAGood Day Everyone
Here's a look at the USDJPY pair from multiple time frame perspective
MONTHLY
* On the monthly we are trading in a descending triangle pattern ranging within the structure no straight forward decisive direction on the pair we have a bearish candle forming as we continue ranging within the structure.
WEEKLY
* On the weekly the pair takes some shape in direction to an extent as we saw another bounce or rejection at 61.8% Fibonacci level the pair is rallying up as the jpy gained against the dollar targeting that 50% Fibonacci level as we determine a bullish sentiment on the pair we might just pull back before continuation to the upside.
DAILY
And as we enter the day chart we see a rejection just above the 38.2 % Fibonacci level as the US remains the safe heaven for investors-possibilities of a push down are still in the cards but looking for long positions on the pair
_________________________________________________________________________________________________________________________
ENTRY & SL - FOLLOW YOUR RULES
RISK-MANAGEMENT
PERIOD - SWING TRADE
__________________________________________________________________________________________________________________________
If you like the idea kindly leave a like and a follow will definitely follow back and leave your idea & Comment on the pair in the comment section. APPRECIATE IT
EURUSD 1.12434 +0.04 % LONG IDEAGood Day Everyone
Here's an idea on the EURUSD pair a look at the pair from multiple timeframes.
MONTHLY
* On the monthly timeframe the pair went up and was rejected at 50% fibonacci retrancement level pushed down to bounce just below the 61.8 % fibonacci level currently the sentiment is still long on the monthly timeframe even though we pushed down a little we are still i a descending channel looking for the pair to push up for a retest of the structure above.
WEEKLY
* The sentiment is still the same but now the structure starts to get clearer as we are in a descending triangle structure which may signal a continuation to the upside supporting the persoective of the bulls coming into play in the coming week. looking for the pair to rally up.
DAILY
* The sentiment is still the same we have a pennant formation now trading in a descending channel posiibly signalling continuation as well targeting previos high looking to the left
* The 4h chart and lower timeframes are perfect for entries its important to wait if you are not an agressive trader and want to hold the trade swing, look for confirmations and strong sentiments to support before entry.
thank you and lets see how it goes.
THE IDEA IS IN PLAY ONCE WE SEE A BREAK ABOVE STRUCTURE AND A COUPLE OF MORE CONFIRMATION.
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ENTRY & SL - FOLLOW YOUR RULES
RISK-MANAGEMENT
PERIOD - SWING TRADE
TARGET 1 - 1.13181
TARGET 2 - 1.13515
TARGET 3 - 1.4500
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If you like the idea kindly leave a like and a follow will definitely follow back and leave your idea & Comment on the pair in the comment section. APPRECIATE IT