Topic: Multi Time Frame Strategies

How to incorporate multitime frame strategies using Strategy Builder?

I would like to build a strategy using 5min time frame and incorporate a 1hr trend strategy to determine whether Long or Short trades allowed.  Eg.  If RSI for 1hr is buy trend, then only Long position can be opened in the 5min strategies.

Is it possible to add 1 or 2 additional time frame (eg. 1hr and 4hr) to the 5min strategy?

Hannah

Re: Multi Time Frame Strategies

a one hour chart is 12 times greater than a 5 minute chart so you can multiply the indicator parameters by 12 to establish the value from the 60 minute chart.

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