Topic: Multi Timeframe Strategies
Is it possible for EA studio to include a feature to generate multi timeframe strategies?
For example, H4(long entry confirmed) -> H1 (long entry confirmed) -> M15 (long entry confirmed), then open long order. Vice versa for short entries.
The main idea above is that EA studio will generate strategies based on H4, H1, M15 and if all three time frames are in confluence and agreement, and indicators used in each timeframe are all confirmed as long entry, then an order will be opened. It would be even better if a timing feature could be added, say if H4 is confirmed and H1 and M15 do not have a confirmation within X hours/min, signal is void.
Having this feature would definitely take advantage of building more powerful strategies, since using higher timeframes will give more robust confirmation to trade the market. It is something I would love to see in EA studio as more options can be built upon it, such as having the user to select how many timeframes to use, what timeframes to analyse, timing before signals are voided etc, based on their preferences.