MTF evaluation of Strategy

[markallenwilson1016]

Does anyone have a link to a video that covers an in-depth tutorial of how to evaluate BTD on MTF for entries? I am adding this strategy to my Swing Trading efforts and am having a hard time grasping what right looks like for some reason.

 

[MerryDay]

Yes, analysis of your three timeframes is essential to trading.
Sadly no. MTF does not provide that analysis, as it is limited to a view of a few candlesticks of action.
On your 2hr chart, one weekly candle would repaint over 25 2-hr candles.
50 2-hr candles would only reflect 2 candles of weekly effects.

Multiple Chart Analysis requires viewing each timeframe in totality to determine critical support and resistance and other key levels, overall trend, liquidity, price action, buyers vs sellers, etc...

Perhaps provide a detailed description of what analytical outcomes, you are looking for.

 

[markallenwilson1016]

Essentially what I am trying to understand is if confluence is the most desireable for entry if using the BTD charts and studies provided through this forum. Example for me personally I evaluate potential positions on the 4H, D, and W charts and looks to take positions based on the daily for swing trading. I know the Bubbles/Arrows are not stand alone entry signals but I combine the latest news, overall trend, etc. I have only used the TTM squeeze in the past and certainly look for the same triggers across the timeframes that I use. Are the 4H, D, and W commonly used for Swing trading?
Thanks,
Wil

 

[MerryDay]

Essentially what I am trying to understand is if confluence is the most desireable for entry if using the BTD charts and studies provided through this forum. Example for me personally I evaluate potential positions on the 4H, D, and W charts and looks to take positions based on the daily for swing trading. I know the Bubbles/Arrows are not stand alone entry signals but I combine the latest news, overall trend, etc. I have only used the TTM squeeze in the past and certainly look for the same triggers across the timeframes that I use. Are the 4H, D, and W commonly used for Swing trading?
Thanks,
Wil

Here is a VIP blog post on best timeframes for trading:
https://usethinkscript.com/threads/trend.18181/#post-139310

Buying the Dip of Financial Strong High Growth Outperforming instruments is one of the oldest, and most profitable trading strategies.
But choosing the right instruments to trade is key.
Here is a VIP Swing Trade Example:
https://usethinkscript.com/threads/swing-trade-example.21159/#:~:text=Swing Traders look for

Hope this helps