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		<title><![CDATA[Forex Software — Can you relate different timeframes?]]></title>
		<link>https://forexsb.com/forum/topic/729/can-you-relate-different-timeframes/</link>
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		<description><![CDATA[The most recent posts in Can you relate different timeframes?.]]></description>
		<lastBuildDate>Mon, 26 Jan 2009 15:38:50 +0000</lastBuildDate>
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			<title><![CDATA[Re: Can you relate different timeframes?]]></title>
			<link>https://forexsb.com/forum/post/1992/#p1992</link>
			<description><![CDATA[<p>What would you recommend to use as beginners, short or long time charts, I want to develop simple strategies but I really don’t know how to make a simple one by long time charts I don’t know if I´m wrong but I have the idea that long charts require more elaborated analysis. is not?</p>]]></description>
			<author><![CDATA[null@example.com (ascott220)]]></author>
			<pubDate>Mon, 26 Jan 2009 15:38:50 +0000</pubDate>
			<guid>https://forexsb.com/forum/post/1992/#p1992</guid>
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			<title><![CDATA[Re: Can you relate different timeframes?]]></title>
			<link>https://forexsb.com/forum/post/1952/#p1952</link>
			<description><![CDATA[<p>Thank you very much for such an elaborate answer, it’s taking me a while to understand it all, and still don’t really know how to use a strategy builder, I’m basically just writing down each indicator’s way to use and advantages to see what I will do when I get into it seriously. I do get the main idea of your answer, thanks a lot!</p>]]></description>
			<author><![CDATA[null@example.com (daverichie78)]]></author>
			<pubDate>Sat, 24 Jan 2009 00:54:42 +0000</pubDate>
			<guid>https://forexsb.com/forum/post/1952/#p1952</guid>
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			<title><![CDATA[Re: Can you relate different timeframes?]]></title>
			<link>https://forexsb.com/forum/post/1925/#p1925</link>
			<description><![CDATA[<p>Using two time frames is a common practice in the Technical Analysis. For example if you trade a trend following system you have to determine the general trend direction in one hand and in other you have to recognize&nbsp; the exact entry / exit levels.<br />Normally a long period chart is used to catch the trend. Once the trend direction and strength have been confirmed, a shorter period is used to precise the deals.</p><p>Since Forex Strategy Builder uses one chart only to perform a backtest we use indicator scaling. <br />Let see the next example:<br />EURUSD 1Hour chart<br />&nbsp; &nbsp;- Eneter long at the upper Bollinger band (Period 20, 2) when <br />EURUSD 1Day chart<br />&nbsp; &nbsp;- Simple MA (5) rises.</p><p>Close at: 1Hour chart Parabolic SAR.</p><br /><p>We do this using a MA(120) on the 1Hour chart. It is almost same as MA(5) on a 1Day chart. 5 * 24 = 120</p><br /><p>We set in Forex Strategy Builder</p><p>Market: EURUSD 1 Hour</p><p><strong>[Opening Point of the Position]</strong><br /><strong><span style="color:blue">Bollinger Bands</span></strong><br />&nbsp; &nbsp; &nbsp;<strong><span style="color:teal">Enter long at the Upper Band</span></strong><br />&nbsp; &nbsp; &nbsp;<strong>Smoothing method</strong>&nbsp; -&nbsp; <em>Simple</em><br />&nbsp; &nbsp; &nbsp;<strong>Base price</strong>&nbsp; -&nbsp; <em>Close</em><br />&nbsp; &nbsp; &nbsp;<strong>MA period</strong>&nbsp; -&nbsp; <em>20</em><br />&nbsp; &nbsp; &nbsp;<strong>Multiplier</strong>&nbsp; -&nbsp; <em>2</em><br />&nbsp; &nbsp; &nbsp;<strong>Use previous bar value</strong>&nbsp; -&nbsp; <em>Yes</em></p><p><strong>[Opening Logic Condition]</strong><br /><strong><span style="color:blue">Moving Average</span></strong><br />&nbsp; &nbsp; &nbsp;<strong><span style="color:teal">The Moving Average rises</span></strong><br />&nbsp; &nbsp; &nbsp;<strong>Smoothing method</strong>&nbsp; -&nbsp; <em>Simple</em><br />&nbsp; &nbsp; &nbsp;<strong>Base price</strong>&nbsp; -&nbsp; <em>Close</em><br />&nbsp; &nbsp; &nbsp;<strong>Period</strong>&nbsp; -&nbsp; <em>120</em><br />&nbsp; &nbsp; &nbsp;<strong>Shift</strong>&nbsp; -&nbsp; <em>0</em><br />&nbsp; &nbsp; &nbsp;<strong>Use previous bar value</strong>&nbsp; -&nbsp; <em>Yes</em></p><p><strong>[Closing Point of the Position]</strong><br /><strong><span style="color:blue">Parabolic SAR</span></strong><br />&nbsp; &nbsp; &nbsp;<strong><span style="color:teal">Exit the market at PSAR</span></strong><br />&nbsp; &nbsp; &nbsp;<strong>Starting AF</strong>&nbsp; -&nbsp; <em>0.02</em><br />&nbsp; &nbsp; &nbsp;<strong>Increment</strong>&nbsp; -&nbsp; <em>0.02</em><br />&nbsp; &nbsp; &nbsp;<strong>Maximum AF</strong>&nbsp; -&nbsp; <em>2</em></p>]]></description>
			<author><![CDATA[null@example.com (Popov)]]></author>
			<pubDate>Thu, 22 Jan 2009 06:34:44 +0000</pubDate>
			<guid>https://forexsb.com/forum/post/1925/#p1925</guid>
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		<item>
			<title><![CDATA[Can you relate different timeframes?]]></title>
			<link>https://forexsb.com/forum/post/1923/#p1923</link>
			<description><![CDATA[<p>I was checking on MT4 that the behavior on different timeframes is somewhat erratic for short timeframes, could a strategy include information from different timeframes?. I&#039;m a beginner, so am I aiming a little too high to want to take two or three timeframes into account?</p>]]></description>
			<author><![CDATA[null@example.com (daverichie78)]]></author>
			<pubDate>Thu, 22 Jan 2009 03:25:55 +0000</pubDate>
			<guid>https://forexsb.com/forum/post/1923/#p1923</guid>
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